| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $129M | — | $143M | — | -9.6% |
| Op. Income | -$9M | — | -$27M | — | 67.4% |
| Gross Margin | 21.8% | — | 22.1% | — | -0.3pp |
| Net Margin | -15.8% | — | -30.8% | — | 15.0pp |
| EPS (Diluted) | $-13.69 | — | $-39.14 | — | 65.0% |
| Item | Amount |
|---|---|
| REVENUE | $129M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $28M |
| R&D Expenses | $7M |
| Selling & Marketing | $3M |
| General & Administrative | $17M |
| SG&A Expenses | $20M |
| Other Expenses | $10M |
| Operating Expenses | $37M |
| Cost & Expenses | $138M |
| OPERATING INCOME | -$9M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | -$22M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$20M |
| D&A | $5M |
| EBIT | -$9M |
| EBITDA | -$4M |
| EPS | -$14 |
| EPS Diluted | -$14 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $22M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $31M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $44M |
| Account Payables | $3M |
| Short-Term Debt | $63M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $90M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $90M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $173M |
| Retained Earnings | -$219M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$46M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$46M |
| TOTAL LIABILITIES & EQUITY | $44M |
| Total Debt | $63M |
| Net Debt | $58M |
