| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | — | $1M | — | 137.3% |
| Op. Income | -$2M | — | -$3M | — | 37.7% |
| Gross Margin | 51.6% | — | 79.0% | — | -27.5pp |
| Net Margin | -58.3% | — | -187.4% | — | 129.1pp |
| EPS (Diluted) | $-0.56 | — | $-0.77 | — | 27.3% |
| Free Cash Flow | -$1M | — | -$3M | — | 52.9% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $1M |
| R&D Expenses | $282.9K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $11.2K |
| Other Income/Expenses | -$70.9K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $13.1K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $13.1K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $68.9K |
| Change in Working Capital | $342.9K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$2.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $654.2K |
| Other Investing Activities | $130.8K |
| NET CASH FROM INVESTING | $574.1K |
| Net Debt Issuance | -$780.5K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$780.5K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $733.9K |
| Short-Term Investments | $1.1K |
| Net Receivables | $185.3K |
| Inventory | $0 |
| Other Current Assets | $21.8K |
| TOTAL CURRENT ASSETS | $1M |
| PP&E (Net) | $30.9K |
| Goodwill | $0 |
| Intangible Assets | $74.7K |
| Long-Term Investments | $221.4K |
| Tax Assets | $14.0K |
| Other Non-Current Assets | $4.6K |
| TOTAL NON-CURRENT ASSETS | $345.6K |
| TOTAL ASSETS | $1M |
| Account Payables | $85.6K |
| Short-Term Debt | $126.4K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $144.9K |
| TOTAL CURRENT LIABILITIES | $580.9K |
| Long-Term Debt | $238.1K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $252.1K |
| TOTAL LIABILITIES | $832.9K |
| Common Stock | $351.6K |
| Additional Paid-In Capital | $16M |
| Retained Earnings | -$15M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $520.5K |
| Minority Interest | $0 |
| TOTAL EQUITY | $520.5K |
| TOTAL LIABILITIES & EQUITY | $1M |
| Total Debt | $364.5K |
| Net Debt | -$369.4K |
