| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $276M | — | $238M | — | 16.1% |
| Op. Income | -$94M | — | -$97M | — | 2.3% |
| Gross Margin | 74.0% | — | 70.4% | — | 3.6pp |
| Net Margin | -32.7% | — | -39.2% | — | 6.5pp |
| EPS (Diluted) | $-0.77 | — | $-0.84 | — | 8.3% |
| Free Cash Flow | $22M | — | -$11M | — | 300.5% |
| Item | Amount |
|---|---|
| REVENUE | $276M |
| Cost of Revenue | $72M |
| GROSS PROFIT | $204M |
| R&D Expenses | $90M |
| Selling & Marketing | $154M |
| General & Administrative | $55M |
| SG&A Expenses | $209M |
| Other Expenses | $0 |
| Operating Expenses | $299M |
| Cost & Expenses | $371M |
| OPERATING INCOME | -$94M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | -$89M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$90M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$90M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$90M |
| D&A | $6M |
| EBIT | -$94M |
| EBITDA | -$89M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$90M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $88M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $26M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | $9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | $30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $248M |
| Short-Term Investments | $74M |
| Net Receivables | $29M |
| Inventory | $0 |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $380M |
| PP&E (Net) | $17M |
| Goodwill | $4M |
| Intangible Assets | $609.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $32M |
| TOTAL NON-CURRENT ASSETS | $54M |
| TOTAL ASSETS | $434M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $103M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $132M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $139M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $658M |
| Retained Earnings | -$364M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$181.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $295M |
| Minority Interest | $0 |
| TOTAL EQUITY | $295M |
| TOTAL LIABILITIES & EQUITY | $434M |
| Total Debt | $8M |
| Net Debt | -$240M |
