0001829126-26-002840
SEC filingFY2025 delivered revenue contraction to $4.6M and wider operating losses to -$17.6M from customer churn and goodwill impairment, though net loss narrowed 30.6% to -$13.5M due to non-operating improvements versus prior year.
Cash flows from operating activities used -$10.4 million, worsening from -$7.3 million prior year, leading to free cash flow of -$10.4 million after $23 thousand in capital expenditures (down from $30 thousand). Management assesses liquidity via operating cash flows' sufficiency for activities and continues expense-management initiatives alongside working-capital optimization. They expect financing sources reasonably accessible to support operations, believing focused R&D in AI innovation and sales/marketing efficiency will drive scalability and operating leverage.