| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30M | — | $57M | — | -46.5% |
| Op. Income | -$272M | — | -$83M | — | -226.5% |
| Gross Margin | 49.7% | — | 70.5% | — | -20.8pp |
| Net Margin | -1185.8% | — | -128.7% | — | -1057.1pp |
| EPS (Diluted) | $-36.48 | — | $-19.43 | — | -87.8% |
| Free Cash Flow | $4M | — | $19M | — | -81.0% |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $15M |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $267M |
| Other Expenses | $0 |
| Operating Expenses | $287M |
| Cost & Expenses | $303M |
| OPERATING INCOME | -$272M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$102M |
| INCOME BEFORE TAX | -$374M |
| Income Tax Expense | $26.0K |
| Net Income from Continuing Ops | -$374M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$359M |
| Net Income Deductions | $44M |
| BOTTOM LINE NET INCOME | -$402M |
| D&A | $5M |
| EBIT | -$272M |
| EBITDA | -$268M |
| EPS | -$36 |
| EPS Diluted | -$36 |
| Item | Amount |
|---|---|
| Net Income | -$359M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $228M |
| Change in Working Capital | $114M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$133.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$31M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $6M |
| Net Receivables | $15M |
| Inventory | $5M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $38M |
| PP&E (Net) | $28M |
| Goodwill | $13M |
| Intangible Assets | $59M |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $225M |
| TOTAL NON-CURRENT ASSETS | $327M |
| TOTAL ASSETS | $365M |
| Account Payables | $86M |
| Short-Term Debt | $92M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $302M |
| TOTAL CURRENT LIABILITIES | $484M |
| Long-Term Debt | $27M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $53M |
| TOTAL NON-CURRENT LIABILITIES | $93M |
| TOTAL LIABILITIES | $577M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $797M |
| Retained Earnings | -$922M |
| Treasury Stock | -$77M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$208M |
| Minority Interest | -$4M |
| TOTAL EQUITY | -$212M |
| TOTAL LIABILITIES & EQUITY | $365M |
| Total Debt | $133M |
| Net Debt | $128M |
