| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19M | — | $31M | — | -39.5% |
| Op. Income | -$63M | — | -$85M | — | 25.2% |
| Gross Margin | -56.2% | — | 1.3% | — | -57.5pp |
| Net Margin | -1319.6% | — | -267.6% | — | -1052.1pp |
| EPS (Diluted) | $-50.55 | — | $-17.40 | — | -190.5% |
| Free Cash Flow | -$63M | — | -$60M | — | -5.4% |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $30M |
| GROSS PROFIT | -$11M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $39M |
| SG&A Expenses | $39M |
| Other Expenses | $0 |
| Operating Expenses | $53M |
| Cost & Expenses | $82M |
| OPERATING INCOME | -$63M |
| Interest Income | $4M |
| Interest Expense | $123.0K |
| Other Income/Expenses | -$186M |
| INCOME BEFORE TAX | -$249M |
| Income Tax Expense | $621.0K |
| Net Income from Continuing Ops | -$250M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$250M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$250M |
| D&A | $11M |
| EBIT | -$63M |
| EBITDA | -$52M |
| EPS | -$51 |
| EPS Diluted | -$51 |
| Item | Amount |
|---|---|
| Net Income | -$250M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $621.0K |
| Other Non-Cash Items | $191M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | -$33M |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$1.1B |
| Sales/Maturities of Investments | $1.1B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $9M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $11M |
| FREE CASH FLOW | -$63M |
| Net Change in Cash | -$23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $21M |
| Net Receivables | $15M |
| Inventory | $684.0K |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $81M |
| PP&E (Net) | $76M |
| Goodwill | $0 |
| Intangible Assets | $32.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $751.0K |
| TOTAL NON-CURRENT ASSETS | $77M |
| TOTAL ASSETS | $158M |
| Account Payables | $4M |
| Short-Term Debt | $20M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $29M |
| Long-Term Debt | $8M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $25M |
| TOTAL LIABILITIES | $53M |
| Common Stock | $182.0K |
| Additional Paid-In Capital | $402M |
| Retained Earnings | -$288M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $104M |
| Minority Interest | $0 |
| TOTAL EQUITY | $104M |
| TOTAL LIABILITIES & EQUITY | $158M |
| Total Debt | $28M |
| Net Debt | -$5M |
