| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | — | $11M | — | 15.4% |
| Op. Income | -$59M | — | -$57M | — | -4.5% |
| Gross Margin | -101.2% | — | -94.0% | — | -7.2pp |
| Net Margin | -576.1% | — | -474.3% | — | -101.8pp |
| EPS (Diluted) | $-1.16 | — | $-0.91 | — | -27.5% |
| Free Cash Flow | -$45M | — | -$39M | — | -14.3% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $26M |
| GROSS PROFIT | -$13M |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $46M |
| Cost & Expenses | $72M |
| OPERATING INCOME | -$59M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | -$77M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$75M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$75M |
| D&A | $12M |
| EBIT | -$59M |
| EBITDA | -$48M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$75M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $22M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$41M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15.0K |
| Sales/Maturities of Investments | $34M |
| Other Investing Activities | -$200.0K |
| NET CASH FROM INVESTING | $29M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $21M |
| FREE CASH FLOW | -$45M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $49M |
| Short-Term Investments | $10M |
| Net Receivables | $2M |
| Inventory | $3M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $67M |
| PP&E (Net) | $33M |
| Goodwill | $316.0K |
| Intangible Assets | $60M |
| Long-Term Investments | $361.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $95M |
| TOTAL ASSETS | $162M |
| Account Payables | $3M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $17.0K |
| Deferred Tax Liabilities | $600.0K |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $22M |
| Common Stock | $198.0K |
| Additional Paid-In Capital | $588M |
| Retained Earnings | -$449M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $140M |
| Minority Interest | $0 |
| TOTAL EQUITY | $140M |
| TOTAL LIABILITIES & EQUITY | $162M |
| Total Debt | $8M |
| Net Debt | -$41M |
