| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | — | $240M | — | -90.4% |
| Op. Income | -$32M | — | -$58M | — | 44.9% |
| Gross Margin | -46.9% | — | 9.1% | — | -56.0pp |
| Net Margin | -147.3% | — | 36.7% | — | -184.0pp |
| EPS (Diluted) | $-1.97 | — | $-4.09 | — | 51.8% |
| Free Cash Flow | -$9M | — | -$34M | — | 73.2% |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $34M |
| GROSS PROFIT | -$11M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $18M |
| Other Expenses | $3M |
| Operating Expenses | $21M |
| Cost & Expenses | $55M |
| OPERATING INCOME | -$32M |
| Interest Income | $146.4K |
| Interest Expense | $0 |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$35M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$34M |
| D&A | $18M |
| EBIT | -$32M |
| EBITDA | -$14M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$34M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$220.6K |
| Acquisitions (Net) | $14.0K |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $26M |
| Other Investing Activities | -$21.1K |
| NET CASH FROM INVESTING | $16M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $11M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$390.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $18M |
| PP&E (Net) | $14M |
| Goodwill | $0 |
| Intangible Assets | $6M |
| Long-Term Investments | $3M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $46M |
| Account Payables | $566.0K |
| Short-Term Debt | $1M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $860.0K |
| TOTAL LIABILITIES | $11M |
| Common Stock | $90.0K |
| Additional Paid-In Capital | $652M |
| Retained Earnings | -$592M |
| Treasury Stock | -$22M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $34M |
| Minority Interest | $496.0K |
| TOTAL EQUITY | $35M |
| TOTAL LIABILITIES & EQUITY | $46M |
| Total Debt | $2M |
| Net Debt | $518.0K |
