| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $190M | — | $254M | — | -25.3% |
| Op. Income | -$98M | — | -$153M | — | 36.2% |
| Gross Margin | 42.7% | — | 41.0% | — | 1.7pp |
| Net Margin | -49.2% | — | -60.0% | — | 10.8pp |
| EPS (Diluted) | $-11.87 | — | $-20.10 | — | 40.9% |
| Free Cash Flow | -$68M | — | -$41M | — | -65.4% |
| Item | Amount |
|---|---|
| REVENUE | $190M |
| Cost of Revenue | $109M |
| GROSS PROFIT | $81M |
| R&D Expenses | $0 |
| Selling & Marketing | $42M |
| General & Administrative | $133M |
| SG&A Expenses | $175M |
| Other Expenses | $4M |
| Operating Expenses | $179M |
| Cost & Expenses | $287M |
| OPERATING INCOME | -$98M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | -$91M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$93M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$93M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$93M |
| D&A | $12M |
| EBIT | -$94M |
| EBITDA | -$82M |
| EPS | -$12 |
| EPS Diluted | -$12 |
| Item | Amount |
|---|---|
| Net Income | -$93M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $912.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$275.0K |
| OPERATING CASH FLOW | -$64M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.0K |
| NET CASH FROM FINANCING | $287.0K |
| FREE CASH FLOW | -$68M |
| Net Change in Cash | -$63M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $67M |
| Short-Term Investments | $0 |
| Net Receivables | $14M |
| Inventory | $44M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $131M |
| PP&E (Net) | $56M |
| Goodwill | $0 |
| Intangible Assets | $42.0K |
| Long-Term Investments | $200.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $58M |
| TOTAL ASSETS | $189M |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $44M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $29.0K |
| TOTAL NON-CURRENT LIABILITIES | $43M |
| TOTAL LIABILITIES | $87M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $592M |
| Retained Earnings | -$485M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $102M |
| Minority Interest | $0 |
| TOTAL EQUITY | $102M |
| TOTAL LIABILITIES & EQUITY | $189M |
| Total Debt | $54M |
| Net Debt | -$13M |
