| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $353.0K | — | $10M | — | -96.6% |
| Op. Income | -$55M | — | -$46M | — | -18.3% |
| Gross Margin | 100.0% | — | 83.7% | — | 16.3pp |
| Net Margin | -14274.5% | — | -436.5% | — | -13838.0pp |
| EPS (Diluted) | $-0.94 | — | $-1.60 | — | 41.3% |
| Free Cash Flow | -$37M | — | -$44M | — | 14.0% |
| Item | Amount |
|---|---|
| REVENUE | $353.0K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $353.0K |
| R&D Expenses | $42M |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $55M |
| Cost & Expenses | $55M |
| OPERATING INCOME | -$55M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | -$50M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$50M |
| D&A | $3M |
| EBIT | -$55M |
| EBITDA | -$52M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$50M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | -$33M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$107M |
| Sales/Maturities of Investments | $91M |
| Other Investing Activities | $15.0K |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$394.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $105.0K |
| NET CASH FROM FINANCING | $66M |
| FREE CASH FLOW | -$37M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $76M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $103M |
| PP&E (Net) | $14M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $18M |
| TOTAL ASSETS | $121M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $30M |
| Common Stock | $63.0K |
| Additional Paid-In Capital | $559M |
| Retained Earnings | -$468M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$74.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $91M |
| Minority Interest | -$188.0K |
| TOTAL EQUITY | $90M |
| TOTAL LIABILITIES & EQUITY | $121M |
| Total Debt | $15M |
| Net Debt | -$7M |
