| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | — | $7M | — | 220.6% |
| Op. Income | -$47M | — | -$74M | — | 35.8% |
| Gross Margin | -45.0% | — | -335.9% | — | 290.9pp |
| Net Margin | -302.1% | — | -1538.5% | — | 1236.3pp |
| EPS (Diluted) | $-6.76 | — | $-51.69 | — | 86.9% |
| Free Cash Flow | -$36M | — | -$52M | — | 30.0% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $31M |
| GROSS PROFIT | -$10M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $38M |
| Cost & Expenses | $69M |
| OPERATING INCOME | -$47M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | -$64M |
| Income Tax Expense | $4.0K |
| Net Income from Continuing Ops | -$64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$64M |
| D&A | $1M |
| EBIT | -$47M |
| EBITDA | -$46M |
| EPS | -$7 |
| EPS Diluted | -$7 |
| Item | Amount |
|---|---|
| Net Income | -$64M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $678.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | -$36M |
| Capital Expenditure | -$603.0K |
| Acquisitions (Net) | $10M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $10M |
| Net Debt Issuance | $22M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | $32M |
| FREE CASH FLOW | -$36M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $39M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $60M |
| PP&E (Net) | $44M |
| Goodwill | $3M |
| Intangible Assets | $10M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $416.0K |
| TOTAL NON-CURRENT ASSETS | $58M |
| TOTAL ASSETS | $118M |
| Account Payables | $12M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $39M |
| Long-Term Debt | $24M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $36M |
| TOTAL LIABILITIES | $75M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $362M |
| Retained Earnings | -$319M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $43M |
| Minority Interest | $0 |
| TOTAL EQUITY | $43M |
| TOTAL LIABILITIES & EQUITY | $118M |
| Total Debt | $28M |
| Net Debt | $15M |
