| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | — | $16M | — | -54.2% |
| Op. Income | -$35M | — | -$40M | — | 12.9% |
| Gross Margin | 4.8% | — | 40.7% | — | -35.9pp |
| Net Margin | -528.4% | — | -285.8% | — | -242.6pp |
| EPS (Diluted) | $-0.61 | — | $-0.88 | — | 30.7% |
| Free Cash Flow | -$35M | — | -$34M | — | -2.6% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $345.2K |
| R&D Expenses | $12M |
| Selling & Marketing | $5M |
| General & Administrative | $17M |
| SG&A Expenses | $22M |
| Other Expenses | $0 |
| Operating Expenses | $35M |
| Cost & Expenses | $42M |
| OPERATING INCOME | -$35M |
| Interest Income | $234.9K |
| Interest Expense | $4M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$38M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$42M |
| D&A | $6M |
| EBIT | -$34M |
| EBITDA | -$29M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$38M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$33M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$95.3K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $38M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $80.2K |
| NET CASH FROM FINANCING | $50M |
| FREE CASH FLOW | -$35M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $10M |
| Other Current Assets | $385.6K |
| TOTAL CURRENT ASSETS | $48M |
| PP&E (Net) | $7M |
| Goodwill | $28M |
| Intangible Assets | $27M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $663.1K |
| TOTAL NON-CURRENT ASSETS | $62M |
| TOTAL ASSETS | $110M |
| Account Payables | $6M |
| Short-Term Debt | $38M |
| Deferred Revenue | $717.8K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $51M |
| Long-Term Debt | $16M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $102.5K |
| TOTAL NON-CURRENT LIABILITIES | $23M |
| TOTAL LIABILITIES | $74M |
| Common Stock | $9.3K |
| Additional Paid-In Capital | $253M |
| Retained Earnings | -$236M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17M |
| Minority Interest | $19M |
| TOTAL EQUITY | $36M |
| TOTAL LIABILITIES & EQUITY | $110M |
| Total Debt | $60M |
| Net Debt | $30M |
