| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $156M | — | $145M | — | 8.1% |
| Op. Income | -$60M | — | -$839M | — | 92.8% |
| Gross Margin | 35.3% | — | -7.6% | — | 42.9pp |
| Net Margin | 88.2% | — | -590.7% | — | 678.8pp |
| EPS (Diluted) | $-9.18 | — | $-105.80 | — | 91.3% |
| Free Cash Flow | $7M | — | -$48M | — | 114.2% |
| Item | Amount |
|---|---|
| REVENUE | $156M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $55M |
| R&D Expenses | $35M |
| Selling & Marketing | $29M |
| General & Administrative | $52M |
| SG&A Expenses | $80M |
| Other Expenses | $0 |
| Operating Expenses | $116M |
| Cost & Expenses | $217M |
| OPERATING INCOME | -$60M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | $199M |
| INCOME BEFORE TAX | $138M |
| Income Tax Expense | $536.0K |
| Net Income from Continuing Ops | $138M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $138M |
| Net Income Deductions | $216M |
| BOTTOM LINE NET INCOME | -$78M |
| D&A | $49M |
| EBIT | -$60M |
| EBITDA | -$12M |
| EPS | $17 |
| EPS Diluted | -$9 |
| Item | Amount |
|---|---|
| Net Income | $138M |
| Depreciation & Amortization | $45M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$216M |
| Change in Working Capital | $30M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | -$158.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $49M |
| Short-Term Investments | $0 |
| Net Receivables | $38M |
| Inventory | $5M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $100M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $123M |
| Long-Term Investments | $6M |
| Tax Assets | $0 |
| Other Non-Current Assets | $70M |
| TOTAL NON-CURRENT ASSETS | $209M |
| TOTAL ASSETS | $309M |
| Account Payables | $10M |
| Short-Term Debt | $17M |
| Deferred Revenue | $44M |
| Other Current Liabilities | $40M |
| TOTAL CURRENT LIABILITIES | $111M |
| Long-Term Debt | $312M |
| Deferred Revenue NC | $85M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $447M |
| TOTAL LIABILITIES | $558M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $41.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$249M |
| Minority Interest | $383.0K |
| TOTAL EQUITY | -$249M |
| TOTAL LIABILITIES & EQUITY | $309M |
| Total Debt | $369M |
| Net Debt | $320M |
