| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $67M | — | $56M | — | 19.7% |
| Op. Income | -$14M | — | -$14M | — | -3.2% |
| Gross Margin | 58.3% | — | 59.5% | — | -1.2pp |
| Net Margin | -30.0% | — | -27.2% | — | -2.8pp |
| EPS (Diluted) | $-0.93 | — | $-0.83 | — | -12.0% |
| Free Cash Flow | -$14M | — | -$14M | — | -3.4% |
| Item | Amount |
|---|---|
| REVENUE | $67M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $39M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $47M |
| Other Expenses | $0 |
| Operating Expenses | $53M |
| Cost & Expenses | $81M |
| OPERATING INCOME | -$14M |
| Interest Income | $289.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | $51.0K |
| 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 | $2M |
| EBIT | -$14M |
| EBITDA | -$12M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$20M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$14M |
| Capital Expenditure | -$641.0K |
| Acquisitions (Net) | $15.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$626.0K |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $24M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $49M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $200.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $556.0K |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $58M |
| Account Payables | $4M |
| Short-Term Debt | $3M |
| Deferred Revenue | $675.0K |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $26M |
| TOTAL LIABILITIES | $41M |
| Common Stock | $23.0K |
| Additional Paid-In Capital | $332M |
| Retained Earnings | -$314M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17M |
| Minority Interest | $0 |
| TOTAL EQUITY | $17M |
| TOTAL LIABILITIES & EQUITY | $58M |
| Total Debt | $5M |
| Net Debt | -$27M |
