| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $55M | — | $61M | — | -10.2% |
| Op. Income | -$13M | — | -$8M | — | -68.6% |
| Gross Margin | 14.1% | — | 29.5% | — | -15.4pp |
| Net Margin | -24.9% | — | -11.0% | — | -13.9pp |
| EPS (Diluted) | $-0.65 | — | $-0.32 | — | -103.1% |
| Free Cash Flow | -$470.8K | — | -$1M | — | 62.7% |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $8M |
| R&D Expenses | $4M |
| Selling & Marketing | $8M |
| General & Administrative | $9M |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $21M |
| Cost & Expenses | $68M |
| OPERATING INCOME | -$13M |
| Interest Income | $477.7K |
| Interest Expense | $74.1K |
| Other Income/Expenses | $449.0K |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | $726.5K |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $1M |
| EBIT | -$13M |
| EBITDA | -$11M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $28.1K |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$108.1K |
| Capital Expenditure | -$362.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | -$954.9K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$466.8K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$470.8K |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $3M |
| Net Receivables | $8M |
| Inventory | $13M |
| Other Current Assets | $836.4K |
| TOTAL CURRENT ASSETS | $32M |
| PP&E (Net) | $3M |
| Goodwill | $1M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $38.1K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $37M |
| Account Payables | $2M |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $52.6K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $10M |
| Common Stock | $2.1K |
| Additional Paid-In Capital | $49M |
| Retained Earnings | -$22M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $140.3K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27M |
| Minority Interest | $0 |
| TOTAL EQUITY | $27M |
| TOTAL LIABILITIES & EQUITY | $37M |
| Total Debt | $3M |
| Net Debt | -$4M |
