| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20M | — | $30M | — | -33.6% |
| Op. Income | -$9M | — | -$7M | — | -30.7% |
| Gross Margin | 45.4% | — | 44.9% | — | 0.5pp |
| Net Margin | -38.5% | — | -51.8% | — | 13.2pp |
| EPS (Diluted) | $-0.29 | — | $-0.85 | — | 65.9% |
| Free Cash Flow | -$10M | — | -$9M | — | -7.8% |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $9M |
| R&D Expenses | $20M |
| Selling & Marketing | $0 |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | -$20M |
| Operating Expenses | $18M |
| Cost & Expenses | $28M |
| OPERATING INCOME | -$9M |
| Interest Income | -$886.0K |
| Interest Expense | $2M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $11.0K |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $635.0K |
| EBIT | -$9M |
| EBITDA | -$8M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $635.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$10M |
| 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 | $7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $20M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $838.0K |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $19M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $287.0K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $21M |
| Account Payables | $3M |
| Short-Term Debt | $4M |
| Deferred Revenue | $154.0K |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $27M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $50M |
| Retained Earnings | -$56M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $40.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$6M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$6M |
| TOTAL LIABILITIES & EQUITY | $21M |
| Total Debt | $10M |
| Net Debt | -$5M |
