| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $80M | — | $69M | — | 15.8% |
| Op. Income | -$34M | — | -$34M | — | 1.1% |
| Gross Margin | 67.7% | — | 67.1% | — | 0.6pp |
| Net Margin | -48.4% | — | -54.6% | — | 6.2pp |
| EPS (Diluted) | $-0.83 | — | $-1.33 | — | 37.6% |
| Free Cash Flow | -$29M | — | -$43M | — | 32.7% |
| Item | Amount |
|---|---|
| REVENUE | $80M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $54M |
| R&D Expenses | $9M |
| Selling & Marketing | $63M |
| General & Administrative | $16M |
| SG&A Expenses | $79M |
| Other Expenses | $0 |
| Operating Expenses | $88M |
| Cost & Expenses | $114M |
| OPERATING INCOME | -$34M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$39M |
| Income Tax Expense | $230.0K |
| Net Income from Continuing Ops | -$39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$39M |
| D&A | $0 |
| EBIT | -$34M |
| EBITDA | -$34M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$39M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $230.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$28M |
| Capital Expenditure | -$448.0K |
| Acquisitions (Net) | $1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $846.0K |
| Net Debt Issuance | $14M |
| Common Stock Repurchased | $105.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$205.0K |
| NET CASH FROM FINANCING | $26M |
| FREE CASH FLOW | -$29M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $11M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $76M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $250.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $500.0K |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $81M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $56M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $57M |
| TOTAL LIABILITIES | $75M |
| Common Stock | $44.0K |
| Additional Paid-In Capital | $404M |
| Retained Earnings | -$398M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $91.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | $0 |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $81M |
| Total Debt | $56M |
| Net Debt | $5M |
