| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $34M | — | $28M | — | 19.7% |
| Op. Income | -$47M | — | -$50M | — | 5.1% |
| Gross Margin | 22.7% | — | -0.4% | — | 23.0pp |
| Net Margin | -140.3% | — | -167.2% | — | 26.9pp |
| EPS (Diluted) | $-1.05 | — | $-1.08 | — | 2.8% |
| Free Cash Flow | -$32M | — | -$46M | — | 29.9% |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $8M |
| R&D Expenses | $14M |
| Selling & Marketing | $12M |
| General & Administrative | $23M |
| SG&A Expenses | $35M |
| Other Expenses | $7M |
| Operating Expenses | $55M |
| Cost & Expenses | $81M |
| OPERATING INCOME | -$47M |
| Interest Income | $2M |
| Interest Expense | $1M |
| Other Income/Expenses | $309.0K |
| INCOME BEFORE TAX | -$47M |
| Income Tax Expense | $40.0K |
| Net Income from Continuing Ops | -$47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$47M |
| D&A | $3M |
| EBIT | -$47M |
| EBITDA | -$44M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$47M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | -$31M |
| Capital Expenditure | -$850.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$27M |
| Sales/Maturities of Investments | $42M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $14M |
| Net Debt Issuance | $19M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$419.0K |
| NET CASH FROM FINANCING | $20M |
| FREE CASH FLOW | -$32M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $18M |
| Net Receivables | $3M |
| Inventory | $18M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $61M |
| PP&E (Net) | $13M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $603.0K |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $75M |
| Account Payables | $4M |
| Short-Term Debt | $1M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $23M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $583.0K |
| TOTAL NON-CURRENT LIABILITIES | $23M |
| TOTAL LIABILITIES | $42M |
| Common Stock | $445.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$522M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $11.0K |
| Other Equity | $555M |
| TOTAL STOCKHOLDERS' EQUITY | $33M |
| Minority Interest | $0 |
| TOTAL EQUITY | $33M |
| TOTAL LIABILITIES & EQUITY | $75M |
| Total Debt | $24M |
| Net Debt | $4M |
