| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $72M | — | $64M | — | 11.5% |
| Op. Income | -$42M | — | -$57M | — | 25.9% |
| Gross Margin | 82.1% | — | 85.8% | — | -3.7pp |
| Net Margin | -67.8% | — | -96.3% | — | 28.4pp |
| EPS (Diluted) | $-1.74 | — | $-2.39 | — | 27.2% |
| Free Cash Flow | -$31M | — | -$58M | — | 46.5% |
| Item | Amount |
|---|---|
| REVENUE | $72M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $59M |
| R&D Expenses | $21M |
| Selling & Marketing | $53M |
| General & Administrative | $27M |
| SG&A Expenses | $80M |
| Other Expenses | $0 |
| Operating Expenses | $101M |
| Cost & Expenses | $114M |
| OPERATING INCOME | -$42M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | -$49M |
| Income Tax Expense | $11.0K |
| Net Income from Continuing Ops | -$49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$49M |
| D&A | $2M |
| EBIT | -$42M |
| EBITDA | -$40M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$49M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$31M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $28M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | $12M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $15M |
| NET CASH FROM FINANCING | $15M |
| FREE CASH FLOW | -$31M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $8M |
| Net Receivables | $9M |
| Inventory | $7M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $35M |
| PP&E (Net) | $12M |
| Goodwill | $0 |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $21M |
| TOTAL ASSETS | $56M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $63M |
| TOTAL CURRENT LIABILITIES | $63M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $73M |
| Common Stock | -$1M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$408M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $394M |
| TOTAL STOCKHOLDERS' EQUITY | -$17M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$17M |
| TOTAL LIABILITIES & EQUITY | $56M |
| Total Debt | $2M |
| Net Debt | -$8M |
