| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $69M | — | $58M | — | 18.6% |
| Op. Income | -$34M | — | -$44M | — | 22.6% |
| Gross Margin | 67.1% | — | 68.6% | — | -1.5pp |
| Net Margin | -54.6% | — | -79.8% | — | 25.2pp |
| EPS (Diluted) | $-1.33 | — | $-2.04 | — | 34.8% |
| Free Cash Flow | -$43M | — | -$41M | — | -2.7% |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $46M |
| R&D Expenses | $9M |
| Selling & Marketing | $65M |
| General & Administrative | $15M |
| SG&A Expenses | $79M |
| Other Expenses | -$8M |
| Operating Expenses | $81M |
| Cost & Expenses | $103M |
| OPERATING INCOME | -$34M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$38M |
| Income Tax Expense | -$144.0K |
| Net Income from Continuing Ops | -$38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$38M |
| D&A | $1M |
| EBIT | -$33M |
| EBITDA | -$32M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$38M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$144.0K |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$42M |
| Capital Expenditure | -$989.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $138.0K |
| NET CASH FROM FINANCING | $43M |
| FREE CASH FLOW | -$43M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $53M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $13M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $78M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $3M |
| Tax Assets | $896.0K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $87M |
| Account Payables | $2M |
| Short-Term Debt | $545.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $41M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $756.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $43M |
| TOTAL LIABILITIES | $59M |
| Common Stock | $39.0K |
| Additional Paid-In Capital | $387M |
| Retained Earnings | -$359M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $90.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $28M |
| Minority Interest | $0 |
| TOTAL EQUITY | $28M |
| TOTAL LIABILITIES & EQUITY | $87M |
| Total Debt | $43M |
| Net Debt | -$10M |
