| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | — | $51M | — | -53.9% |
| Op. Income | -$8M | — | -$1M | — | -450.0% |
| Gross Margin | -6.0% | — | 4.6% | — | -10.6pp |
| Net Margin | -63.0% | — | -8.7% | — | -54.3pp |
| EPS (Diluted) | $-6.16 | — | $-1.84 | — | -234.8% |
| Free Cash Flow | -$9M | — | -$2M | — | -333.6% |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $25M |
| GROSS PROFIT | -$1M |
| R&D Expenses | $231.7K |
| Selling & Marketing | $863.2K |
| General & Administrative | $5M |
| SG&A Expenses | $6M |
| Other Expenses | -$83.1K |
| Operating Expenses | $6M |
| Cost & Expenses | $31M |
| OPERATING INCOME | -$8M |
| Interest Income | -$142.7K |
| Interest Expense | $7M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | -$15M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$15M |
| D&A | $884.4K |
| EBIT | -$8M |
| EBITDA | -$7M |
| EPS | -$6 |
| EPS Diluted | -$6 |
| Item | Amount |
|---|---|
| Net Income | -$15M |
| Depreciation & Amortization | $884.4K |
| Stock-Based Compensation | $632.2K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $529.2K |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $12M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $385.1K |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $3M |
| Other Current Assets | $339.1K |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $16M |
| Goodwill | $3M |
| Intangible Assets | $0 |
| Long-Term Investments | $3M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $22M |
| TOTAL ASSETS | $27M |
| Account Payables | $3M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $459.1K |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $15M |
| Common Stock | $1.9K |
| Additional Paid-In Capital | $36M |
| Retained Earnings | -$24M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$209.7K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11M |
| Minority Interest | $0 |
| TOTAL EQUITY | $11M |
| TOTAL LIABILITIES & EQUITY | $27M |
| Total Debt | $11M |
| Net Debt | $11M |
