| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $100M | — | $80M | — | 25.1% |
| Op. Income | -$16M | — | -$22M | — | 24.6% |
| Gross Margin | 77.2% | — | 73.9% | — | 3.3pp |
| Net Margin | -21.5% | — | -34.0% | — | 12.5pp |
| EPS (Diluted) | $-0.66 | — | $-0.93 | — | 29.0% |
| Free Cash Flow | -$11M | — | -$18M | — | 37.9% |
| Item | Amount |
|---|---|
| REVENUE | $100M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $77M |
| R&D Expenses | $28M |
| Selling & Marketing | $47M |
| General & Administrative | $19M |
| SG&A Expenses | $66M |
| Other Expenses | $0 |
| Operating Expenses | $94M |
| Cost & Expenses | $116M |
| OPERATING INCOME | -$16M |
| Interest Income | $3M |
| Interest Expense | $7M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$21M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $2M |
| EBIT | -$16M |
| EBITDA | -$14M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$332.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$332.0K |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$543.0K |
| NET CASH FROM FINANCING | $20M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $39M |
| Net Receivables | $15M |
| Inventory | $17M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $94M |
| PP&E (Net) | $11M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $235.0K |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $106M |
| Account Payables | $2M |
| Short-Term Debt | $2M |
| Deferred Revenue | $141.0K |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $69M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $69M |
| TOTAL LIABILITIES | $87M |
| Common Stock | $34.0K |
| Additional Paid-In Capital | $571M |
| Retained Earnings | -$552M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19M |
| Minority Interest | $0 |
| TOTAL EQUITY | $19M |
| TOTAL LIABILITIES & EQUITY | $106M |
| Total Debt | $71M |
| Net Debt | $49M |
