| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | — | $4M | — | -23.9% |
| Op. Income | -$18M | — | -$13M | — | -45.0% |
| Gross Margin | 28.9% | — | 29.2% | — | -0.3pp |
| Net Margin | -565.0% | — | -296.8% | — | -268.2pp |
| EPS (Diluted) | $-1.07 | — | $-0.96 | — | -11.5% |
| Free Cash Flow | -$14M | — | -$8M | — | -66.4% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $871.0K |
| R&D Expenses | $10M |
| Selling & Marketing | $2M |
| General & Administrative | $7M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $21M |
| OPERATING INCOME | -$18M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$17M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | $117.0K |
| EBIT | -$18M |
| EBITDA | -$18M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $117.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $35.0K |
| Change in Working Capital | $102.0K |
| OPERATING CASH FLOW | -$14M |
| Capital Expenditure | -$56.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $310.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $254.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $21M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $0 |
| Net Receivables | $278.0K |
| Inventory | $50.0K |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $28M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $392.0K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $29M |
| Account Payables | $480.0K |
| Short-Term Debt | $511.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $296.0K |
| TOTAL NON-CURRENT LIABILITIES | $555.0K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $17.0K |
| Additional Paid-In Capital | $88M |
| Retained Earnings | -$63M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $25M |
| Minority Interest | $0 |
| TOTAL EQUITY | $25M |
| TOTAL LIABILITIES & EQUITY | $29M |
| Total Debt | $770.0K |
| Net Debt | -$25M |
