| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | — | $54M | — | -57.5% |
| Op. Income | -$33M | — | $483.9K | — | -6941.7% |
| Gross Margin | 10.1% | — | 20.6% | — | -10.5pp |
| Net Margin | -152.1% | — | 0.8% | — | -152.9pp |
| EPS (Diluted) | $-0.77 | — | $0.01 | — | -7957.1% |
| Free Cash Flow | -$9M | — | $4M | — | -341.1% |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $517.1K |
| General & Administrative | $27M |
| SG&A Expenses | $28M |
| Other Expenses | $7M |
| Operating Expenses | $35M |
| Cost & Expenses | $56M |
| OPERATING INCOME | -$33M |
| Interest Income | $500.5K |
| Interest Expense | $2M |
| Other Income/Expenses | -$195.0K |
| INCOME BEFORE TAX | -$33M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$35M |
| D&A | $2M |
| EBIT | -$32M |
| EBITDA | -$30M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$35M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $21.0K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$995.9K |
| NET CASH FROM FINANCING | $13M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $786.3K |
| Short-Term Investments | $6M |
| Net Receivables | $9M |
| Inventory | $1M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $21M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $10M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $18M |
| TOTAL ASSETS | $39M |
| Account Payables | $3M |
| Short-Term Debt | $18M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $35M |
| Long-Term Debt | $14M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $19M |
| TOTAL LIABILITIES | $54M |
| Common Stock | $46.5K |
| Additional Paid-In Capital | $92M |
| Retained Earnings | -$104M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$15M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$15M |
| TOTAL LIABILITIES & EQUITY | $39M |
| Total Debt | $35M |
| Net Debt | $34M |
