| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30M | — | $18M | — | 63.8% |
| Op. Income | -$7M | — | -$13M | — | 49.3% |
| Gross Margin | 44.9% | — | 43.6% | — | 1.2pp |
| Net Margin | -51.8% | — | -115.5% | — | 63.7pp |
| EPS (Diluted) | $-0.85 | — | $-1.48 | — | 42.6% |
| Free Cash Flow | -$9M | — | -$13M | — | 30.5% |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $13M |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | -$30M |
| Operating Expenses | $20M |
| Cost & Expenses | $36M |
| OPERATING INCOME | -$7M |
| Interest Income | $14.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$15M |
| Income Tax Expense | $271.0K |
| Net Income from Continuing Ops | -$15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$15M |
| D&A | $588.0K |
| EBIT | -$12M |
| EBITDA | -$11M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$15M |
| Depreciation & Amortization | $588.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $177.0K |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | $367.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $425.0K |
| Other Current Assets | $746.0K |
| TOTAL CURRENT ASSETS | $10M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $12M |
| Account Payables | $4M |
| Short-Term Debt | $3M |
| Deferred Revenue | $960.0K |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $19M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $41M |
| Retained Earnings | -$48M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$7M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$7M |
| TOTAL LIABILITIES & EQUITY | $12M |
| Total Debt | $5M |
| Net Debt | -$467.0K |
