| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $370M | — | $436.0K | — | 84762.4% |
| Op. Income | -$223M | — | -$673M | — | 66.9% |
| Gross Margin | 64.8% | — | -25186.7% | — | 25251.5pp |
| Net Margin | -41.5% | — | -149122.7% | — | 149081.2pp |
| EPS (Diluted) | $-1.94 | — | $-8.36 | — | 76.8% |
| Free Cash Flow | -$270M | — | -$533M | — | 49.4% |
| Item | Amount |
|---|---|
| REVENUE | $370M |
| Cost of Revenue | $130M |
| GROSS PROFIT | $240M |
| R&D Expenses | $387M |
| Selling & Marketing | $0 |
| General & Administrative | $76M |
| SG&A Expenses | $76M |
| Other Expenses | -$1M |
| Operating Expenses | $462M |
| Cost & Expenses | $593M |
| OPERATING INCOME | -$223M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $72M |
| INCOME BEFORE TAX | -$151M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$154M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$154M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$154M |
| D&A | $20M |
| EBIT | -$223M |
| EBITDA | -$203M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$154M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $81M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | -$194M |
| OPERATING CASH FLOW | -$260M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.1B |
| Sales/Maturities of Investments | $1.5B |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | $375M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $63M |
| FREE CASH FLOW | -$270M |
| Net Change in Cash | $178M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $389M |
| Short-Term Investments | $1.3B |
| Net Receivables | $200M |
| Inventory | $0 |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $306M |
| Goodwill | $0 |
| Intangible Assets | $16.0K |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $321M |
| TOTAL ASSETS | $2.2B |
| Account Payables | $38M |
| Short-Term Debt | $16M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $33M |
| TOTAL CURRENT LIABILITIES | $109M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $958.0K |
| TOTAL NON-CURRENT LIABILITIES | $238M |
| TOTAL LIABILITIES | $347M |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.9B |
| Retained Earnings | -$1000M |
| Treasury Stock | -$62.0K |
| Accum. Other Comp. Income | $2M |
| Other Equity | $1 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $239M |
| Net Debt | -$151M |
