I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2025, the actual value is USD 62.86 M.
EPS: As of FY2025, the actual value is USD -6.07.
EBIT: As of FY2025, the actual value is USD -6.707 M.
Revenue
- Total Revenue: $62.9 million in fiscal 2025, compared to $64.5 million in fiscal 2024, a decrease of 2.5%.
- Devices Revenue: $49.7 million in fiscal 2025, compared to $51.1 million in fiscal 2024, a decrease of 2.8%.
- Services Revenue: $12.0 million in fiscal 2025, compared to $11.1 million in fiscal 2024, an increase of 8.4%.
- Other Revenue: $1.1 million in fiscal 2025, compared to $2.2 million in fiscal 2024, a decrease of 50.4%.
Cost of Sales
- Total Cost of Sales: $30.7 million in fiscal 2025, compared to $34.7 million in fiscal 2024, a decrease of 11.7%.
Gross Profit
- Gross Profit: $32.2 million in fiscal 2025, compared to $29.8 million in fiscal 2024, an increase of 8.2%.
Operating Expenses
- Selling, General, and Administrative Expense: $30.0 million in fiscal 2025, compared to $25.8 million in fiscal 2024, an increase of 16.3%.
- Research and Development: $7.1 million in fiscal 2025, compared to $6.6 million in fiscal 2024, an increase of 7.4%.
- Impairment of Long-Lived Assets: $2.2 million in fiscal 2025, compared to $0 in fiscal 2024.
Operating Loss
- Operating Loss: $7.0 million in fiscal 2025, compared to $2.6 million in fiscal 2024, an increase of 168.7%.
Other Expense
- Interest Expense: $0.3 million in fiscal 2025, compared to $0.7 million in fiscal 2024, a decrease of 54.3%.
- Other Expense, Net: $0.9 million in fiscal 2025, compared to $3.9 million in fiscal 2024, a decrease of 76.2%.
Net Loss
- Net Loss: $8.7 million in fiscal 2025, compared to $8.4 million in fiscal 2024, an increase of 2.8%.
Cash Flow
- Net Cash Used in Operating Activities: - $4.1 million in fiscal 2025, compared to $5.2 million provided by operating activities in fiscal 2024.
- Net Cash Used in Investing Activities: - $0.5 million in fiscal 2025, compared to - $0.2 million in fiscal 2024.
- Net Cash Provided by Financing Activities: $3.4 million in fiscal 2025, compared to - $4.9 million in fiscal 2024.
Outlook / Guidance
- The company is pursuing additional financing, utilizing permitted equity-settlement features under existing agreements, and implementing cost-reduction and organizational streamlining.
- The company may need to further curtail or cease operations and seek protection by filing a voluntary petition for relief under the United States Bankruptcy Code if it is unable to raise sufficient additional capital in the very near term.