| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | — | $10M | — | 78.5% |
| Op. Income | -$24M | — | -$10M | — | -133.6% |
| Gross Margin | 23.3% | — | 6.9% | — | 16.5pp |
| Net Margin | -192.4% | — | -431.3% | — | 238.8pp |
| EPS (Diluted) | $-16.68 | — | $-40.92 | — | 59.2% |
| Free Cash Flow | -$24M | — | -$12M | — | -103.1% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $28M |
| Operating Expenses | $28M |
| Cost & Expenses | $41M |
| OPERATING INCOME | -$24M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | -$35M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$35M |
| Net Income from Discontinued Ops | $1M |
| Other Adjustments | $0 |
| NET INCOME | -$33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$33M |
| D&A | $6M |
| EBIT | -$24M |
| EBITDA | -$18M |
| EPS | -$17 |
| EPS Diluted | -$17 |
| Item | Amount |
|---|---|
| Net Income | -$33M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$24M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$55M |
| NET CASH FROM INVESTING | -$55M |
| Net Debt Issuance | $80M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$337.0K |
| NET CASH FROM FINANCING | $80M |
| FREE CASH FLOW | -$24M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $4M |
| Other Current Assets | -$15M |
| TOTAL CURRENT ASSETS | $32M |
| PP&E (Net) | $0 |
| Goodwill | $10M |
| Intangible Assets | $49M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $59M |
| TOTAL ASSETS | $107M |
| Account Payables | $2M |
| Short-Term Debt | $31M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $43M |
| Long-Term Debt | $50M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4.0K |
| Other Non-Current Liabilities | $697.0K |
| TOTAL NON-CURRENT LIABILITIES | $51M |
| TOTAL LIABILITIES | $94M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $354M |
| Retained Earnings | -$341M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13M |
| Minority Interest | $0 |
| TOTAL EQUITY | $13M |
| TOTAL LIABILITIES & EQUITY | $107M |
| Total Debt | $81M |
| Net Debt | $48M |
