| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $75M | — | $79M | — | -4.0% |
| Op. Income | -$52M | — | -$98M | — | 46.6% |
| Gross Margin | 70.3% | — | 67.6% | — | 2.7pp |
| Net Margin | -67.2% | — | -121.6% | — | 54.4pp |
| EPS (Diluted) | $-4.92 | — | $-9.33 | — | 47.3% |
| Free Cash Flow | -$14M | — | -$39M | — | 63.0% |
| Item | Amount |
|---|---|
| REVENUE | $75M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $53M |
| R&D Expenses | $34M |
| Selling & Marketing | $28M |
| General & Administrative | $38M |
| SG&A Expenses | $66M |
| Other Expenses | $5M |
| Operating Expenses | $105M |
| Cost & Expenses | $128M |
| OPERATING INCOME | -$52M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$50M |
| Income Tax Expense | $859.9K |
| Net Income from Continuing Ops | -$51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$51M |
| D&A | $8M |
| EBIT | -$47M |
| EBITDA | -$39M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$51M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$13M |
| Capital Expenditure | -$873.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $147.1K |
| NET CASH FROM INVESTING | -$644.7K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$10.5K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$10.5K |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $76M |
| Short-Term Investments | $0 |
| Net Receivables | $25M |
| Inventory | $8M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $113M |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $61.5K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $129M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $17M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $39M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $44M |
| Common Stock | $21.2K |
| Additional Paid-In Capital | $731M |
| Retained Earnings | -$614M |
| Treasury Stock | -$9M |
| Accum. Other Comp. Income | -$23M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $85M |
| Minority Interest | $0 |
| TOTAL EQUITY | $85M |
| TOTAL LIABILITIES & EQUITY | $129M |
| Total Debt | $8M |
| Net Debt | -$68M |
