| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | — | $18M | — | 28.7% |
| Op. Income | -$81M | — | -$6M | — | -1221.3% |
| Gross Margin | -41.3% | — | 9.7% | — | -51.0pp |
| Net Margin | -433.9% | — | -37.8% | — | -396.1pp |
| EPS (Diluted) | $-1.43 | — | $-0.13 | — | -1000.0% |
| Free Cash Flow | -$11M | — | -$2M | — | -577.5% |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $33M |
| GROSS PROFIT | -$10M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $70M |
| SG&A Expenses | $72M |
| Other Expenses | $0 |
| Operating Expenses | $72M |
| Cost & Expenses | $105M |
| OPERATING INCOME | -$81M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | -$101M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$101M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$101M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$101M |
| D&A | $3M |
| EBIT | -$81M |
| EBITDA | -$78M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$101M |
| Depreciation & Amortization | $192.2K |
| Stock-Based Compensation | $55M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $27M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$881.5K |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $11M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$985.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $42.6K |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $2M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $1M |
| Goodwill | $14M |
| Intangible Assets | $10M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $30M |
| Account Payables | $12M |
| Short-Term Debt | $11M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $30M |
| Long-Term Debt | $13M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $43M |
| Common Stock | $10.1K |
| Additional Paid-In Capital | $99M |
| Retained Earnings | -$111M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$12M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$12M |
| TOTAL LIABILITIES & EQUITY | $30M |
| Total Debt | $25M |
| Net Debt | $25M |
