Revenue Performance - Net revenue for the three months ended December 31, 2025, was $6.7 million, an increase from $6.2 million in the same period last year, primarily due to higher prices[7] - Net revenue for the six months ended December 31, 2025, was $11.9 million, down from $12.8 million in the same period last year, attributed to strategic growing decisions[8] - Revenue for the three months ended December 31, 2025, was $6,739,000, an increase of 8.8% compared to $6,192,000 for the same period in 2024[25] Profitability - Gross profit for the three months ended December 31, 2025, was $0.5 million, or 7.2% of sales, compared to a gross loss of $0.6 million, or (9.4)% of sales, in the prior year[9] - Gross profit for the six months ended December 31, 2025, was $0.4 million, or 3.6% of sales, compared to $0.9 million, or 6.7% of sales, in the prior year[10] - Gross profit for the six months ended December 31, 2025, was $424,000, down from $858,000 in 2024, indicating a decline of 50.6%[25] Operating Performance - Operating loss for the three months ended December 31, 2025, was $2.3 million, an improvement from an operating loss of $3.9 million in the same period last year[11] - Operating loss for the three months ended December 31, 2025, was $(2,289,000), an improvement from $(3,887,000) in 2024, representing a 41.0% reduction in losses[25] Net Loss - Net loss from continuing operations for the three months ended December 31, 2025, was $2.7 million, compared to a loss of $3.4 million in the prior year[13] - Net loss attributable to Bloomia Holdings, Inc. for the six months ended December 31, 2025, was $(5,130,000), compared to $(4,065,000) in 2024, reflecting an increase in losses of 26.2%[25] EBITDA - EBITDA for the three months ended December 31, 2025, was a loss of $1.4 million, an improvement from a loss of $2.7 million in the same period last year[17] - EBITDA for the three months ended December 31, 2025, was $(1,377,000), an improvement from $(2,711,000) in 2024, indicating a 49.1% reduction in negative EBITDA[30] Cash Flow and Liquidity - Cash used in operations for the six months ended December 31, 2025, was $11.4 million, compared to $9.0 million in the same period last year[6] - As of December 31, 2025, cash and cash equivalents totaled $1.2 million, an increase from $0.9 million as of June 30, 2025[19] - Cash and cash equivalents increased to $1,209,000 as of December 31, 2025, compared to $906,000 as of June 30, 2025, representing a growth of 33.4%[27] - Working capital improved significantly to $9,613,000 as of December 31, 2025, from $1,089,000 as of June 30, 2025[27] Debt and Assets - Total assets as of December 31, 2025, were $105,607,000, up from $97,924,000 as of June 30, 2025, showing a growth of 7.0%[27] - Total debt increased to $47,021,000 as of December 31, 2025, from $34,083,000 as of June 30, 2025, marking a rise of 38.0%[27] Future Plans - The Company plans to commence a Rights Offering, with the updated expiration date set for March 27, 2026[20] Earnings Per Share - The company reported a net loss per share of $(1.29) for the three months ended December 31, 2025, compared to $(1.67) in 2024, reflecting a 22.8% improvement[25]
INSIGNIA SYSTEMS(ISIG) - 2025 Q4 - Annual Results