| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $65M | — | $12M | — | 442.9% |
| Op. Income | -$45M | — | -$36M | — | -26.2% |
| Gross Margin | 55.1% | — | 52.6% | — | 2.5pp |
| Net Margin | -84.1% | — | -367.6% | — | 283.6pp |
| EPS (Diluted) | $-8.60 | — | $-8.31 | — | -3.5% |
| Free Cash Flow | -$52M | — | -$33M | — | -57.3% |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $36M |
| R&D Expenses | $26M |
| Selling & Marketing | $37M |
| General & Administrative | $18M |
| SG&A Expenses | $55M |
| Other Expenses | $0 |
| Operating Expenses | $81M |
| Cost & Expenses | $110M |
| OPERATING INCOME | -$45M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$55M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$55M |
| D&A | $1M |
| EBIT | -$45M |
| EBITDA | -$44M |
| EPS | -$9 |
| EPS Diluted | -$9 |
| Item | Amount |
|---|---|
| Net Income | -$55M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | -$48M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$72M |
| Sales/Maturities of Investments | $72M |
| Other Investing Activities | $50.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $56M |
| FREE CASH FLOW | -$52M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $73M |
| Net Receivables | $12M |
| Inventory | $13M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $133M |
| PP&E (Net) | $11M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $17M |
| TOTAL ASSETS | $150M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $939.0K |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $45M |
| TOTAL NON-CURRENT LIABILITIES | $52M |
| TOTAL LIABILITIES | $74M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $51M |
| Retained Earnings | -$297M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $65.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $76M |
| Minority Interest | $0 |
| TOTAL EQUITY | $76M |
| TOTAL LIABILITIES & EQUITY | $150M |
| Total Debt | $7M |
| Net Debt | -$23M |
