| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $138M | — | $101M | — | 36.4% |
| Op. Income | $25M | — | -$6M | — | 485.5% |
| Gross Margin | 100.0% | — | 100.0% | — | 0.0pp |
| Net Margin | 23.1% | — | -0.6% | — | 23.6pp |
| EPS (Diluted) | $0.38 | — | $-0.01 | — | 5035.1% |
| Free Cash Flow | -$87M | — | -$57M | — | -52.2% |
| Item | Amount |
|---|---|
| REVENUE | $138M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $138M |
| R&D Expenses | $83M |
| Selling & Marketing | $0 |
| General & Administrative | $30M |
| SG&A Expenses | $30M |
| Other Expenses | $0 |
| Operating Expenses | $113M |
| Cost & Expenses | $113M |
| OPERATING INCOME | $25M |
| Interest Income | $7M |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $224.0K |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $2M |
| EBIT | $25M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $138M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $138M |
| R&D Expenses | $83M |
| Selling & Marketing | $0 |
| General & Administrative | $30M |
| SG&A Expenses | $30M |
| Other Expenses | $0 |
| Operating Expenses | $113M |
| Cost & Expenses | $113M |
| OPERATING INCOME | $25M |
| Interest Income | $7M |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $224.0K |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $2M |
| EBIT | $25M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $32M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$126M |
| OPERATING CASH FLOW | -$86M |
| Capital Expenditure | -$310.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$155M |
| Sales/Maturities of Investments | $256M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $100M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $613.0K |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | -$87M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38M |
| Short-Term Investments | $63M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $107M |
| PP&E (Net) | $11M |
| Goodwill | $949.0K |
| Intangible Assets | $583.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $121M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $67M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $86M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $27M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $35M |
| TOTAL LIABILITIES | $121M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $691M |
| Retained Earnings | -$692M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $27.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$456.0K |
| Minority Interest | $0 |
| TOTAL EQUITY | -$456.0K |
| TOTAL LIABILITIES & EQUITY | $121M |
| Total Debt | $9M |
| Net Debt | -$29M |
