| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $63M | — | $60M | — | 5.7% |
| Op. Income | -$14M | — | -$40M | — | 66.1% |
| Gross Margin | 78.3% | — | 79.8% | — | -1.5pp |
| Net Margin | -65.3% | — | -66.0% | — | 0.7pp |
| EPS (Diluted) | $-1.39 | — | $-1.53 | — | 9.2% |
| Free Cash Flow | -$35M | — | -$20M | — | -70.2% |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $49M |
| R&D Expenses | $30M |
| Selling & Marketing | $18M |
| General & Administrative | $34M |
| SG&A Expenses | $52M |
| Other Expenses | -$19M |
| Operating Expenses | $63M |
| Cost & Expenses | $77M |
| OPERATING INCOME | -$14M |
| Interest Income | $2M |
| Interest Expense | $697.0K |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | -$45M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$41M |
| D&A | $3M |
| EBIT | -$14M |
| EBITDA | -$10M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$41M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | -$34M |
| Capital Expenditure | -$618.0K |
| Acquisitions (Net) | -$33M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $67M |
| Other Investing Activities | $32.0K |
| NET CASH FROM INVESTING | $34M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$35M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $1M |
| Net Receivables | $23M |
| Inventory | $0 |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $46M |
| PP&E (Net) | $5M |
| Goodwill | $30M |
| Intangible Assets | $26M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $77M |
| TOTAL ASSETS | $123M |
| Account Payables | $3M |
| Short-Term Debt | $1M |
| Deferred Revenue | $11M |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $38M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $48M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $146M |
| Retained Earnings | -$69M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $75M |
| Minority Interest | $0 |
| TOTAL EQUITY | $75M |
| TOTAL LIABILITIES & EQUITY | $123M |
| Total Debt | $3M |
| Net Debt | -$6M |
