| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | — | $38M | — | -26.9% |
| Op. Income | -$22M | — | -$18M | — | -25.4% |
| Gross Margin | 47.6% | — | 40.9% | — | 6.7pp |
| Net Margin | -91.1% | — | -54.7% | — | -36.5pp |
| EPS (Diluted) | $-1.01 | — | $1.03 | — | -198.1% |
| Free Cash Flow | -$18M | — | -$9M | — | -102.5% |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $13M |
| R&D Expenses | $5M |
| Selling & Marketing | $16M |
| General & Administrative | $14M |
| SG&A Expenses | $30M |
| Other Expenses | $0 |
| Operating Expenses | $35M |
| Cost & Expenses | $50M |
| OPERATING INCOME | -$22M |
| Interest Income | $0 |
| Interest Expense | -$1M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$25M |
| Income Tax Expense | $14.0K |
| Net Income from Continuing Ops | -$25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$25M |
| D&A | $10.0K |
| EBIT | -$22M |
| EBITDA | -$22M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $76.0K |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$18M |
| Capital Expenditure | -$26.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$26.0K |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $14M |
| FREE CASH FLOW | -$18M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $2M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $37.0K |
| Goodwill | $0 |
| Intangible Assets | $981.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $83.0K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $8M |
| Account Payables | $4M |
| Short-Term Debt | $8M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $10M |
| Deferred Revenue NC | $320.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $30M |
| Common Stock | $0 |
| Additional Paid-In Capital | $293M |
| Retained Earnings | -$316M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $143.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$23M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$23M |
| TOTAL LIABILITIES & EQUITY | $8M |
| Total Debt | $18M |
| Net Debt | $17M |
