/
Our Corporate Information We were organized in Texas in September 1983 and reincorporated in Delaware in October 1995. Our principal executive offices are located at 101 East Park Boulevard, Suite 1200, Plano, Texas 75074, and our telephone number is (888) 637-7770.
The business is unprofitable at the operating level (-130.63% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue up 21.6% YoY with margins expanding 15.7pp.
ROIC dropped from -60.92% to -80.37%, capital efficiency is deteriorating. Negative free cash flow of -$8M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$6M
▲ +21.6% YoY
Net Income (TTM)
-$11M
▼ -16.3% YoY
Op. Margin
-173.68%
▲ +15.7pp YoY
ROIC
-85.86%
▼ -19.5pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$7M
▼ -10.4% YoY
Op. Cash Flow (TTM)
-$7M
▼ -7.4% YoY
Net Debt
$260K
Cash & Equiv.
$1M
5Y CAGR: +1.2%
Continue Research