| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | — | $3M | — | 602.4% |
| Op. Income | -$41M | — | -$28M | — | -46.4% |
| Gross Margin | 20.2% | — | 39.5% | — | -19.4pp |
| Net Margin | -305.7% | — | -1111.9% | — | 806.2pp |
| EPS (Diluted) | $-4.24 | — | $-162.77 | — | 97.4% |
| Free Cash Flow | -$37M | — | -$22M | — | -64.2% |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $5M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $2M |
| Operating Expenses | $46M |
| Cost & Expenses | $63M |
| OPERATING INCOME | -$41M |
| Interest Income | $0 |
| Interest Expense | $270.0K |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | -$53M |
| Income Tax Expense | -$10.0K |
| Net Income from Continuing Ops | -$53M |
| Net Income from Discontinued Ops | -$15M |
| Other Adjustments | $0 |
| NET INCOME | -$69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$69M |
| D&A | $649.0K |
| EBIT | -$41M |
| EBITDA | -$40M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$68M |
| Depreciation & Amortization | $535.0K |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $21M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$37M |
| Capital Expenditure | -$215.0K |
| Acquisitions (Net) | -$17M |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$14M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $168.0K |
| NET CASH FROM FINANCING | $68M |
| FREE CASH FLOW | -$37M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $0 |
| Net Receivables | $12M |
| Inventory | $15M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $52M |
| PP&E (Net) | $0 |
| Goodwill | $12M |
| Intangible Assets | $9M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $29M |
| TOTAL ASSETS | $81M |
| Account Payables | $5M |
| Short-Term Debt | $8M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $31M |
| TOTAL CURRENT LIABILITIES | $48M |
| Long-Term Debt | $450.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $322.0K |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $51M |
| Common Stock | $33.0K |
| Additional Paid-In Capital | $157M |
| Retained Earnings | -$162M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $881.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20M |
| Minority Interest | $10M |
| TOTAL EQUITY | $30M |
| TOTAL LIABILITIES & EQUITY | $81M |
| Total Debt | $11M |
| Net Debt | -$5M |
