| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25M | — | $3M | — | 886.8% |
| Op. Income | -$24M | — | -$30M | — | 18.9% |
| Gross Margin | -44.8% | — | -755.1% | — | 710.3pp |
| Net Margin | -88.5% | — | -1137.4% | — | 1048.8pp |
| EPS (Diluted) | $-0.83 | — | $-1.18 | — | 29.7% |
| Free Cash Flow | -$28M | — | $2M | — | -1875.6% |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $36M |
| GROSS PROFIT | -$11M |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | -$36M |
| Operating Expenses | $13M |
| Cost & Expenses | $49M |
| OPERATING INCOME | -$24M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$22M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$22M |
| D&A | $1M |
| EBIT | -$24M |
| EBITDA | -$23M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$22M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$18.2K |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | -$26M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$97M |
| Sales/Maturities of Investments | $105M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $64.6K |
| NET CASH FROM FINANCING | $26M |
| FREE CASH FLOW | -$28M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $25M |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $51M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $268.2K |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $59M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $31M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $36M |
| Common Stock | $31.1K |
| Additional Paid-In Capital | $182M |
| Retained Earnings | -$159M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $235.8K |
| Other Equity | $1 |
| TOTAL STOCKHOLDERS' EQUITY | $23M |
| Minority Interest | $0 |
| TOTAL EQUITY | $23M |
| TOTAL LIABILITIES & EQUITY | $59M |
| Total Debt | $2M |
| Net Debt | -$12M |
