| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | — | $1M | — | 77.0% |
| Op. Income | -$16M | — | -$37M | — | 55.3% |
| Gross Margin | 100.0% | — | 99.5% | — | 0.5pp |
| Net Margin | -850.3% | — | -3461.2% | — | 2610.9pp |
| EPS (Diluted) | $-0.87 | — | $-2.07 | — | 58.0% |
| Free Cash Flow | -$54M | — | -$9M | — | -472.5% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $2M |
| R&D Expenses | $4M |
| Selling & Marketing | $6M |
| General & Administrative | $45M |
| SG&A Expenses | $51M |
| Other Expenses | -$37M |
| Operating Expenses | $18M |
| Cost & Expenses | $18M |
| OPERATING INCOME | -$16M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$15M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$16M |
| D&A | $1M |
| EBIT | -$55M |
| EBITDA | -$53M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$16M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$38M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | -$27M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | -$54M |
| Net Change in Cash | -$62M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $0 |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $59M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $202M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $219M |
| TOTAL ASSETS | $279M |
| Account Payables | $755.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $32M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $58M |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $513.0K |
| TOTAL NON-CURRENT LIABILITIES | $67M |
| TOTAL LIABILITIES | $99M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $518M |
| Retained Earnings | -$338M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $180M |
| Minority Interest | $0 |
| TOTAL EQUITY | $180M |
| TOTAL LIABILITIES & EQUITY | $279M |
| Total Debt | $5M |
| Net Debt | -$39M |
