| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24M | — | $16M | — | 50.6% |
| Op. Income | -$1M | — | -$4M | — | 71.5% |
| Gross Margin | 44.5% | — | 47.3% | — | -2.8pp |
| Net Margin | -1.5% | — | -26.9% | — | 25.4pp |
| EPS (Diluted) | $-0.23 | — | $-2.93 | — | 92.2% |
| Free Cash Flow | $359.0K | — | $216.0K | — | 66.2% |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $11M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $12M |
| Operating Expenses | $12M |
| Cost & Expenses | $25M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $73.0K |
| Other Income/Expenses | $839.0K |
| INCOME BEFORE TAX | -$363.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$363.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$363.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$363.0K |
| D&A | $2M |
| EBIT | -$290.0K |
| EBITDA | $1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$363.0K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $444.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $685.0K |
| Capital Expenditure | -$326.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$326.0K |
| Net Debt Issuance | -$477.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $903.0K |
| FREE CASH FLOW | $359.0K |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $935.0K |
| Other Current Assets | -$3M |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $11M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $21M |
| Account Payables | $1M |
| Short-Term Debt | $30.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $47.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $7M |
| Common Stock | $18.0K |
| Additional Paid-In Capital | $117M |
| Retained Earnings | -$103M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15M |
| Minority Interest | $0 |
| TOTAL EQUITY | $15M |
| TOTAL LIABILITIES & EQUITY | $21M |
| Total Debt | $4M |
| Net Debt | -$2M |
