| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24M | — | $18M | — | 32.0% |
| Op. Income | -$9M | — | $6M | — | -258.5% |
| Gross Margin | 81.5% | — | 55.9% | — | 25.6pp |
| Net Margin | -79.7% | — | 33.0% | — | -112.7pp |
| EPS (Diluted) | $-0.25 | — | $0.09 | — | -370.0% |
| Free Cash Flow | $18M | — | $26M | — | -28.7% |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $28M |
| Operating Expenses | $28M |
| Cost & Expenses | $33M |
| OPERATING INCOME | -$9M |
| Interest Income | $38M |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$19M |
| D&A | $0 |
| EBIT | -$9M |
| EBITDA | -$9M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $24.3T |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$24.3T |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$92.2T |
| Sales/Maturities of Investments | $10.7T |
| Other Investing Activities | $81.5T |
| NET CASH FROM INVESTING | -$32M |
| Net Debt Issuance | $30M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$31M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $31M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $52M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $54M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $252M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $253M |
| TOTAL ASSETS | $307M |
| Account Payables | $8M |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$9M |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $152M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $155M |
| TOTAL LIABILITIES | $161M |
| Common Stock | $860.6K |
| Additional Paid-In Capital | $523M |
| Retained Earnings | -$378M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $145M |
| Minority Interest | $0 |
| TOTAL EQUITY | $145M |
| TOTAL LIABILITIES & EQUITY | $307M |
| Total Debt | $158M |
| Net Debt | $106M |
