| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | — | $19M | — | -6.4% |
| Op. Income | $228.4K | — | $526.8K | — | -56.6% |
| Gross Margin | 8.0% | — | 7.3% | — | 0.7pp |
| Net Margin | -0.2% | — | 1.0% | — | -1.3pp |
| EPS (Diluted) | $-0.00 | — | $0.01 | — | -125.3% |
| Free Cash Flow | -$463.0K | — | $1M | — | -134.0% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $1M |
| R&D Expenses | $0 |
| Selling & Marketing | $58.8K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $17M |
| OPERATING INCOME | $228.4K |
| Interest Income | $1.7K |
| Interest Expense | $283.0K |
| Other Income/Expenses | -$279.2K |
| INCOME BEFORE TAX | -$50.8K |
| Income Tax Expense | -$8.6K |
| Net Income from Continuing Ops | -$42.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$42.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$42.2K |
| D&A | $1.2K |
| EBIT | $232.2K |
| EBITDA | $233.4K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$42.2K |
| Depreciation & Amortization | $1.2K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$264.8K |
| Change in Working Capital | -$157.1K |
| OPERATING CASH FLOW | -$463.0K |
| Capital Expenditure | -$4 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$623.6K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$463.0K |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $28.9K |
| Inventory | $2M |
| Other Current Assets | $381.0K |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $1.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $159.7K |
| Other Non-Current Assets | $639.6K |
| TOTAL NON-CURRENT ASSETS | $800.3K |
| TOTAL ASSETS | $7M |
| Account Payables | $61.8K |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $5M |
| Common Stock | $11.1K |
| Additional Paid-In Capital | $2M |
| Retained Earnings | -$638.4K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $377 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1M |
| Minority Interest | $0 |
| TOTAL EQUITY | $1M |
| TOTAL LIABILITIES & EQUITY | $7M |
| Total Debt | $5M |
| Net Debt | $3M |
