$-68.59M
Revenue
$-22.30M
Net Income
-
Gross Margin
-
Op. Margin
$-37.85M
Free Cash Flow
| Breakdown | TTM (Dec 31, 2024) |
FY 2023 (Mar 31, 2024) |
FY 2022 (Mar 31, 2023) |
FY 2021 (Mar 31, 2022) |
FY 2020 (Mar 31, 2021) |
FY 2018 (Mar 31, 2019) |
|---|---|---|---|---|---|---|
| Total Revenue | $-68.59M | $14.55M | $7.64M | $15.44M | $61.41M | $2.07M |
| Revenue Growth % | -571.5% | 90.4% | -50.5% | -74.9% | 2859.8% | nan% |
| Cost of Revenue | $-53.24M | $5.85M | $5.83M | $4.56M | $39.83M | $1.94M |
| Gross Profit | $-15.35M | $8.69M | $1.81M | $10.88M | $21.59M | $139.80K |
| Gross Margin % | 22.4% | 59.8% | 23.6% | 70.5% | 35.1% | 6.7% |
| Operating Expenses | $19.00M | $34.74M | $12.44M | $22.11M | $24.32M | $17.05M |
| Research & Development | $15.34K | $162.00K | $13.77K | - | $62.94K | - |
| Operating Income | $9.31M | $16.28M | $-10.63M | $-11.23M | $-2.74M | $-16.91M |
| Operating Margin % | -13.6% | 111.9% | -139.1% | -72.7% | -4.5% | -814.8% |
| Interest Expense | - | - | - | - | - | $670.00 |
| Other Income/Expense | $-23.04M | $-5.58M | $-999.00K | $476.28K | $3.92M | $-1.03M |
| Income Before Tax | $-19.88M | $2.40M | $-11.79M | - | - | - |
| Income Tax Expense | $382.36K | $2.37M | - | - | - | - |
| Net Income | $-22.30M | $459.00K | $-11.32M | $-10.75M | $1.18M | $-17.94M |
| Net Margin % | 32.5% | 3.2% | -148.1% | -69.6% | 1.9% | -864.5% |
| Basic EPS | nan | 0.01 | -0.25 | -0.23 | 0.03 | nan |
| Diluted EPS | nan | 0.01 | -0.25 | -0.23 | -0.04 | nan |
| Basic Shares Outstanding | 56.9M | 51.0M | 47.3M | 47.3M | 46.5M | - |
| Diluted Shares Outstanding | 56.9M | 51.0M | 47.3M | 47.3M | 46.6M | - |
| Breakdown | FY 2023 (Mar 31, 2024) |
FY 2022 (Mar 31, 2023) |
FY 2021 (Mar 31, 2022) |
FY 2020 (Mar 31, 2021) |
FY 2018 (Mar 31, 2019) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $4.22M | $1.16M | $6.29M | $23.44M | $2.86M |
| Short-term Investments | - | $56.00K | - | - | $1.74M |
| Accounts Receivable | $1.12M | $887.00K | - | - | $778.43K |
| Total Current Assets | $12.72M | $3.76M | $24.85M | $41.23M | $18.80M |
| Property Plant & Equipment | $710.00K | $849.21K | $1.17M | $1.23M | $31.38K |
| Goodwill | - | - | - | $4.29M | - |
| Intangible Assets | $1.05M | $6.71M | $7.10M | $11.18M | $9.75M |
| Total Assets | $28.47M | $30.57M | $38.67M | $64.42M | $29.36M |
| Deferred Revenue | $4.70M | $8.75M | - | - | - |
| Other Current Liabilities | $1.50M | - | - | - | - |
| Total Current Liabilities | $20.94M | $15.54M | $19.08M | $41.18M | $24.06M |
| Long-term Debt | - | - | $341.97K | $822.29K | - |
| Deferred Tax Liabilities | $747.00K | - | - | - | - |
| Total Liabilities | $22.46M | $15.75M | $19.42M | $45.30M | - |
| Common Stock | $52.00K | $47.28K | $47.03K | $46.99K | $45.49K |
| Retained Earnings | $-96.39M | $-96.85M | $-85.53M | $-74.14M | $-85.70M |
| Treasury Stock | - | $99.75K | $99.75K | - | - |
| Total Stockholders Equity | $5.25M | $-848.10K | $8.88M | $19.13M | $5.30M |
| Total Liabilities & Equity | $28.47M | $30.57M | $38.67M | $64.42M | $29.36M |
| Breakdown | TTM (Dec 31, 2024) |
FY 2023 (Mar 31, 2024) |
FY 2022 (Mar 31, 2023) |
FY 2021 (Mar 31, 2022) |
FY 2020 (Mar 31, 2021) |
FY 2018 (Mar 31, 2019) |
|---|---|---|---|---|---|---|
| Net Income | $-25.82M | $459.00K | $-11.32M | $-10.75M | $1.18M | $-17.94M |
| Stock-based Compensation | $16.43K | $5.02M | $191.00K | - | - | $5.97M |
| Change in Receivables | - | - | - | $-9.51M | $-4.87M | $773.52K |
| Operating Cash Flow | $-37.72M | $-18.34M | $8.00M | $-15.96M | $3.40M | $-2.80M |
| Capital Expenditure | $133.74K | $20.00K | $1.05K | $110.50K | $76.00K | $25.00K |
| Acquisitions | - | $1.40M | - | - | $-114.01K | - |
| Investing Cash Flow | $-2.33M | $-31.29M | $-42.86M | $-1.97M | $-1.56M | $-25.00K |
| Stock Issued | - | - | - | - | - | $5.45M |
| Stock Repurchased | - | $5.68M | - | $99.75K | - | - |
| Financing Cash Flow | $27.05M | $52.00M | $28.91M | $-99.50K | $1.75K | $5.45M |
| Net Change in Cash | $-13.37M | $2.95M | $-5.01M | $-17.15M | $2.05M | $2.63M |
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing
Period ended: Dec 31, 2024
Condensed Consolidated Statements of Operations
| Description | Dec 31, 2024 | Dec 31, 2024 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | $1.52M | - | $5.18M | - |
| Cost of Revenue | $1.45M | - | $4.95M | - |
| Gross Profit | $72.00K | - | $237.00K | - |
| Operating Expenses | $3.98M | - | $11.53M | - |
| Research & Development | $53.00K | - | $111.00K | - |
| Operating Income | $-2.95M | - | $-9.96M | - |
| Interest Expense | $1.37M | - | $2.23M | - |
| Other Income/Expense | $-1.37M | - | $-2.23M | - |
| Income Before Tax | $-4.32M | - | $-12.19M | - |
| Income Tax Expense | $-442.00K | - | $-822.00K | - |
| Net Income | $-3.84M | $-2.74M | $-11.29M | - |
| Basic EPS | -0.07 | - | -0.20 | - |
| Diluted EPS | -0.07 | - | -0.20 | - |
| Basic Shares Outstanding | $56.92M | - | $56.57M | - |
| Diluted Shares Outstanding | $56.92M | - | $56.57M | - |
Condensed Consolidated Balance Sheets
| Description | Dec 31, 2024 | Mar 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $3.98M | $4.22M |
| Accounts Receivable | $1.03M | $1.12M |
| Total Current Assets | $16.16M | $12.72M |
| Property Plant & Equipment | $161.00K | $710.00K |
| Intangible Assets | $921.00K | $1.05M |
| Total Assets | $36.48M | $28.47M |
| Deferred Revenue | $4.18M | $4.70M |
| Total Current Liabilities | $41.25M | $20.94M |
| Deferred Tax Liabilities | $743.00K | $747.00K |
| Total Liabilities | $42.45M | $22.46M |
| Common Stock | $57.00K | $52.00K |
| Retained Earnings | $-107.68M | $-96.39M |
| Treasury Stock | $255.00K | - |
| Total Stockholders Equity | $-5.98M | $6.01M |
| Total Liabilities & Equity | $36.48M | $28.47M |
Condensed Consolidated Statements of Cash Flows
| Description | Dec 31, 2024 | Dec 31, 2024 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-3.84M | $-2.74M | $-11.29M | - |
| Stock-based Compensation | - | - | $5.00K | - |
| Deferred Income Tax | - | - | $-723.00K | - |
| Operating Cash Flow | - | - | $-11.11M | - |
| Capital Expenditure | - | - | $77.00K | - |
| Acquisitions | - | - | - | - |
| Investing Cash Flow | - | - | $-2.27M | - |
| Debt Repayment | - | - | $351.00K | - |
| Financing Cash Flow | - | - | $13.49M | - |
| Net Change in Cash | - | - | $-246.00K | - |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.
Annual data represents full fiscal year results. FY = Fiscal Year ending.