| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $58M | — | $94M | — | -37.7% |
| Op. Income | -$34M | — | $513.0K | — | -6657.3% |
| Gross Margin | 17.0% | — | 20.6% | — | -3.6pp |
| Net Margin | -57.7% | — | -0.1% | — | -57.6pp |
| EPS (Diluted) | $-7.13 | — | $-0.02 | — | -33852.4% |
| Free Cash Flow | -$9M | — | -$4M | — | -112.8% |
| Item | Amount |
|---|---|
| REVENUE | $58M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $10M |
| R&D Expenses | $14M |
| Selling & Marketing | $13M |
| General & Administrative | $12M |
| SG&A Expenses | $25M |
| Other Expenses | $4M |
| Operating Expenses | $44M |
| Cost & Expenses | $92M |
| OPERATING INCOME | -$34M |
| Interest Income | $0 |
| Interest Expense | $29.0K |
| Other Income/Expenses | $217.0K |
| INCOME BEFORE TAX | -$33M |
| Income Tax Expense | $226.0K |
| Net Income from Continuing Ops | -$34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$34M |
| D&A | $4M |
| EBIT | -$33M |
| EBITDA | -$30M |
| EPS | -$7 |
| EPS Diluted | -$7 |
| Item | Amount |
|---|---|
| Net Income | -$34M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$214.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$214.0K |
| Net Debt Issuance | $591.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $48.0K |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $12M |
| Inventory | $11M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $32M |
| PP&E (Net) | $227.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $40M |
| Account Payables | $23M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $44M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $45M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $278M |
| Retained Earnings | -$284M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$6M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$6M |
| TOTAL LIABILITIES & EQUITY | $40M |
| Total Debt | $0 |
| Net Debt | -$5M |
