| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $58M | — | $61M | — | -4.0% |
| Op. Income | -$13M | — | -$16M | — | 21.4% |
| Gross Margin | 48.0% | — | 26.1% | — | 21.9pp |
| Net Margin | -21.9% | — | -65.9% | — | 44.0pp |
| EPS (Diluted) | $-0.16 | — | $-10.01 | — | 98.4% |
| Free Cash Flow | -$14M | — | $3M | — | -645.7% |
| Item | Amount |
|---|---|
| REVENUE | $58M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $28M |
| R&D Expenses | $0 |
| Selling & Marketing | $289.0K |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | $18M |
| Operating Expenses | $41M |
| Cost & Expenses | $71M |
| OPERATING INCOME | -$13M |
| Interest Income | $48M |
| Interest Expense | $29M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | $59.0K |
| Net Income from Continuing Ops | -$13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1.0K |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $1M |
| EBIT | -$13M |
| EBITDA | -$11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $193.0K |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$81.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$14M |
| Capital Expenditure | -$172.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$67M |
| NET CASH FROM INVESTING | -$67M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $84M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $186M |
| Short-Term Investments | $210M |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $422M |
| PP&E (Net) | $28M |
| Goodwill | $0 |
| Intangible Assets | $109.0K |
| Long-Term Investments | $610M |
| Tax Assets | $0 |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $666M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $966M |
| TOTAL CURRENT LIABILITIES | $966M |
| Long-Term Debt | $16M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $27M |
| TOTAL LIABILITIES | $993M |
| Common Stock | $1M |
| Additional Paid-In Capital | $206M |
| Retained Earnings | -$100M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $95M |
| Minority Interest | $0 |
| TOTAL EQUITY | $95M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $16M |
| Net Debt | -$170M |
