| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | — | $5M | — | -74.3% |
| Op. Income | -$69M | — | -$86M | — | 18.9% |
| Gross Margin | -1435.4% | — | -60.3% | — | -1375.1pp |
| Net Margin | -7862.7% | — | -2063.8% | — | -5798.9pp |
| EPS (Diluted) | $-0.35 | — | $-0.46 | — | 23.9% |
| Free Cash Flow | -$59M | — | -$69M | — | 13.8% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $19M |
| GROSS PROFIT | -$17M |
| R&D Expenses | $32M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $52M |
| Cost & Expenses | $71M |
| OPERATING INCOME | -$69M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | -$95M |
| Income Tax Expense | $84.0K |
| NET INCOME | -$95M |
| D&A | $6M |
| EBIT | -$69M |
| EBITDA | -$64M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$95M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $701.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $36M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$59M |
| Capital Expenditure | -$679.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$52M |
| Sales/Maturities of Investments | $30M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $61M |
| FREE CASH FLOW | -$59M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $42M |
| Net Receivables | $47.0K |
| Inventory | $745.0K |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $81M |
| PP&E (Net) | $18M |
| Goodwill | $0 |
| Intangible Assets | $32.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $22M |
| TOTAL ASSETS | $103M |
| Account Payables | $2M |
| Short-Term Debt | $23M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $30M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $17M |
| TOTAL LIABILITIES | $48M |
| Common Stock | $306.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | -$957M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $669.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $56M |
| Minority Interest | $0 |
| TOTAL EQUITY | $56M |
| TOTAL LIABILITIES & EQUITY | $103M |
| Total Debt | $37M |
| Net Debt | $4M |
