| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $87M | — | $43M | — | 101.0% |
| Op. Income | -$17M | — | -$10M | — | -75.5% |
| Gross Margin | 67.1% | — | 57.6% | — | 9.5pp |
| Net Margin | -44.5% | — | -75.0% | — | 30.5pp |
| EPS (Diluted) | $-1.55 | — | $-1.30 | — | -19.2% |
| Free Cash Flow | $21M | — | $21M | — | -2.7% |
| Item | Amount |
|---|---|
| REVENUE | $87M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $58M |
| R&D Expenses | $13M |
| Selling & Marketing | $6M |
| General & Administrative | $18M |
| SG&A Expenses | $25M |
| Other Expenses | $38M |
| Operating Expenses | $76M |
| Cost & Expenses | $104M |
| OPERATING INCOME | -$17M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | -$29M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | -$39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$39M |
| D&A | $13M |
| EBIT | -$15M |
| EBITDA | -$2M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$39M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $716.1K |
| Deferred Income Tax | -$653.9K |
| Other Non-Cash Items | $48M |
| Change in Working Capital | -$662.6K |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$789.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$789.1K |
| Net Debt Issuance | $6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$17M |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $9M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $43M |
| PP&E (Net) | $7M |
| Goodwill | $558M |
| Intangible Assets | $94M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $208.3K |
| TOTAL NON-CURRENT ASSETS | $658M |
| TOTAL ASSETS | $701M |
| Account Payables | $16M |
| Short-Term Debt | $48M |
| Deferred Revenue | $10M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $97M |
| Long-Term Debt | $688.3K |
| Deferred Revenue NC | $10.2K |
| Deferred Tax Liabilities | $767.3K |
| Other Non-Current Liabilities | $54M |
| TOTAL NON-CURRENT LIABILITIES | $56M |
| TOTAL LIABILITIES | $152M |
| Common Stock | $28 |
| Additional Paid-In Capital | $765M |
| Retained Earnings | -$206M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | -$5 |
| TOTAL STOCKHOLDERS' EQUITY | $549M |
| Minority Interest | $0 |
| TOTAL EQUITY | $549M |
| TOTAL LIABILITIES & EQUITY | $701M |
| Total Debt | $49M |
| Net Debt | $28M |
