| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $52M | — | $37M | — | 40.4% |
| Op. Income | $5M | — | -$4M | — | 244.7% |
| Gross Margin | 30.9% | — | 21.0% | — | 9.9pp |
| Net Margin | 8.1% | — | -11.8% | — | 19.9pp |
| EPS (Diluted) | $0.07 | — | $-0.09 | — | 179.0% |
| Free Cash Flow | -$3M | — | -$3M | — | 15.4% |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $16M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $670.0K |
| Other Income/Expenses | -$670.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $227.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $928.0K |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $16M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $670.0K |
| Other Income/Expenses | -$670.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $227.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $928.0K |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $928.0K |
| Stock-Based Compensation | $725.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$313.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $20M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $29M |
| PP&E (Net) | $21M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.0K |
| TOTAL NON-CURRENT ASSETS | $21M |
| TOTAL ASSETS | $50M |
| Account Payables | $11M |
| Short-Term Debt | $5M |
| Deferred Revenue | $6M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $26M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $246.0K |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $35M |
| Common Stock | $700.0K |
| Additional Paid-In Capital | $115M |
| Retained Earnings | -$100M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15M |
| Minority Interest | $0 |
| TOTAL EQUITY | $15M |
| TOTAL LIABILITIES & EQUITY | $50M |
| Total Debt | $15M |
| Net Debt | $14M |
