| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | — | $11M | — | -67.4% |
| Op. Income | -$42M | — | -$26M | — | -64.8% |
| Gross Margin | 84.6% | — | 100.0% | — | -15.4pp |
| Net Margin | -6960.8% | — | -596.6% | — | -6364.2pp |
| EPS (Diluted) | $-32.37 | — | $-21.67 | — | -49.4% |
| Free Cash Flow | -$30M | — | -$18M | — | -72.0% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $537.0K |
| GROSS PROFIT | $3M |
| R&D Expenses | $29M |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | -$537.0K |
| Operating Expenses | $45M |
| Cost & Expenses | $46M |
| OPERATING INCOME | -$42M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | -$200M |
| INCOME BEFORE TAX | -$242M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$242M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$242M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$242M |
| D&A | $537.0K |
| EBIT | -$42M |
| EBITDA | -$42M |
| EPS | -$32 |
| EPS Diluted | -$32 |
| Item | Amount |
|---|---|
| Net Income | -$242M |
| Depreciation & Amortization | $537.0K |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $204M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$30M |
| Capital Expenditure | -$128.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$128.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $85M |
| FREE CASH FLOW | -$30M |
| Net Change in Cash | $55M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $89M |
| Short-Term Investments | $0 |
| Net Receivables | $208.0K |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $92M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $688.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $46.0K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $99M |
| Account Payables | $728.0K |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $271M |
| TOTAL NON-CURRENT LIABILITIES | $277M |
| TOTAL LIABILITIES | $286M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $340M |
| Retained Earnings | -$527M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$188M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$188M |
| TOTAL LIABILITIES & EQUITY | $99M |
| Total Debt | $7M |
| Net Debt | -$83M |
