| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $40M | — | $59M | — | -32.9% |
| Op. Income | -$20M | — | -$31M | — | 36.2% |
| Gross Margin | 43.6% | — | 34.2% | — | 9.4pp |
| Net Margin | -59.5% | — | -77.8% | — | 18.3pp |
| EPS (Diluted) | $-20.11 | — | $-51.80 | — | 61.2% |
| Free Cash Flow | -$7M | — | $2M | — | -539.2% |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $32M |
| SG&A Expenses | $32M |
| Other Expenses | $6M |
| Operating Expenses | $37M |
| Cost & Expenses | $60M |
| OPERATING INCOME | -$20M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$24M |
| Income Tax Expense | $12.5K |
| Net Income from Continuing Ops | -$24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$24M |
| D&A | $7M |
| EBIT | -$20M |
| EBITDA | -$13M |
| EPS | -$20 |
| EPS Diluted | -$20 |
| Item | Amount |
|---|---|
| Net Income | -$24M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$148.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $39.3K |
| NET CASH FROM INVESTING | -$109.7K |
| Net Debt Issuance | -$444.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $14M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $27M |
| PP&E (Net) | $26M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $30M |
| TOTAL ASSETS | $57M |
| Account Payables | $22M |
| Short-Term Debt | $27M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $59M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $61M |
| Common Stock | $3.6K |
| Additional Paid-In Capital | $249M |
| Retained Earnings | -$252M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $365.4K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$3M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$3M |
| TOTAL LIABILITIES & EQUITY | $57M |
| Total Debt | $28M |
| Net Debt | $15M |
