| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $44M | — | $47M | — | -5.2% |
| Op. Income | -$61M | — | -$78M | — | 21.7% |
| Gross Margin | 57.5% | — | 61.2% | — | -3.7pp |
| Net Margin | -164.5% | — | -213.3% | — | 48.8pp |
| EPS (Diluted) | $-1.04 | — | $-2.26 | — | 54.0% |
| Free Cash Flow | -$19M | — | -$16M | — | -16.9% |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $25M |
| R&D Expenses | $4M |
| Selling & Marketing | $29M |
| General & Administrative | $52M |
| SG&A Expenses | $80M |
| Other Expenses | $2M |
| Operating Expenses | $86M |
| Cost & Expenses | $105M |
| OPERATING INCOME | -$61M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | -$73M |
| Income Tax Expense | -$14.0K |
| Net Income from Continuing Ops | -$73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$73M |
| D&A | $2M |
| EBIT | -$70M |
| EBITDA | -$68M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$73M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $47M |
| Deferred Income Tax | -$193.3K |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$18M |
| Capital Expenditure | -$424.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $309.3K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$115.6K |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $197.8K |
| Net Receivables | $9M |
| Inventory | $202.5K |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $27M |
| PP&E (Net) | $2M |
| Goodwill | $2M |
| Intangible Assets | $1M |
| Long-Term Investments | $269.5K |
| Tax Assets | $0 |
| Other Non-Current Assets | $338.0K |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $33M |
| Account Payables | $17M |
| Short-Term Debt | $23M |
| Deferred Revenue | $980.5K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $57M |
| Long-Term Debt | $139.8K |
| Deferred Revenue NC | $255.2K |
| Deferred Tax Liabilities | $41.7K |
| Other Non-Current Liabilities | $269.8K |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $58M |
| Common Stock | $96M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$224M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$468.9K |
| Other Equity | $104M |
| TOTAL STOCKHOLDERS' EQUITY | -$25M |
| Minority Interest | -$616.9K |
| TOTAL EQUITY | -$26M |
| TOTAL LIABILITIES & EQUITY | $33M |
| Total Debt | $24M |
| Net Debt | $19M |
