Reported April 18, 2025
| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $59M | — | $55M | — | 7.0% |
| Op. Income | $4M | — | $12M | — | -66.1% |
| Gross Margin | 28.8% | — | 42.1% | — | -13.3pp |
| Net Margin | 5.0% | — | 18.6% | — | -13.6pp |
| EPS (Diluted) | $0.11 | — | $0.40 | — | -73.2% |
| Free Cash Flow | -$5M | — | $6M | — | -182.0% |
| Item | Amount |
|---|---|
| REVENUE | $59M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $17M |
| R&D Expenses | $7M |
| Selling & Marketing | $3M |
| General & Administrative | $3M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $13M |
| Cost & Expenses | $55M |
| OPERATING INCOME | $4M |
| Interest Income | $48.4K |
| Interest Expense | $0 |
| Other Income/Expenses | $503.5K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $4M |
| EBIT | $4M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $59M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $17M |
| R&D Expenses | $7M |
| Selling & Marketing | $3M |
| General & Administrative | $3M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $13M |
| Cost & Expenses | $55M |
| OPERATING INCOME | $4M |
| Interest Income | $48.4K |
| Interest Expense | $0 |
| Other Income/Expenses | $503.5K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $4M |
| EBIT | $4M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $1.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $273.5K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$438.3K |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $1M |
| Net Receivables | $8M |
| Inventory | $15.6K |
| Other Current Assets | $370.4K |
| TOTAL CURRENT ASSETS | $24M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $9M |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $36M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $252.6K |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $261.8K |
| TOTAL NON-CURRENT LIABILITIES | $680.8K |
| TOTAL LIABILITIES | $12M |
| Common Stock | $17.4K |
| Additional Paid-In Capital | $39M |
| Retained Earnings | -$21M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19M |
| Minority Interest | $5M |
| TOTAL EQUITY | $24M |
| TOTAL LIABILITIES & EQUITY | $36M |
| Total Debt | $805.4K |
| Net Debt | -$13M |