| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $303.4K | — | $932.2K | — | -67.4% |
| Op. Income | -$2M | — | -$6M | — | 60.7% |
| Gross Margin | 4.8% | — | 6.3% | — | -1.5pp |
| Net Margin | -517.1% | — | -1185.9% | — | 668.8pp |
| EPS (Diluted) | $-0.09 | — | $-0.99 | — | 90.9% |
| Free Cash Flow | -$2M | — | -$5M | — | 66.0% |
| Item | Amount |
|---|---|
| REVENUE | $303.4K |
| Cost of Revenue | $289.0K |
| GROSS PROFIT | $14.5K |
| R&D Expenses | $677.9K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $62.9K |
| Interest Expense | $0 |
| Other Income/Expenses | $619.1K |
| 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 | $8.5K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $8.5K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$135.7K |
| Change in Working Capital | $13.7K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$8.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$583.5K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$591.6K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $364.9K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$469.4K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $677.5K |
| Short-Term Investments | $627.5K |
| Net Receivables | $58.2K |
| Inventory | $64.2K |
| Other Current Assets | $50.4K |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $119.3K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $25.3K |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.8K |
| TOTAL NON-CURRENT ASSETS | $148.4K |
| TOTAL ASSETS | $2M |
| Account Payables | $36.5K |
| Short-Term Debt | $77.1K |
| Deferred Revenue | $98.9K |
| Other Current Liabilities | $59.4K |
| TOTAL CURRENT LIABILITIES | $416.9K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $238.1K |
| TOTAL NON-CURRENT LIABILITIES | $257.2K |
| TOTAL LIABILITIES | $674.2K |
| Common Stock | $34.9K |
| Additional Paid-In Capital | $12M |
| Retained Earnings | -$11M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $990.4K |
| Minority Interest | $0 |
| TOTAL EQUITY | $990.4K |
| TOTAL LIABILITIES & EQUITY | $2M |
| Total Debt | $96.2K |
| Net Debt | -$581.3K |
