| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | — | $5M | — | 227.7% |
| Op. Income | -$76M | — | -$97M | — | 20.9% |
| Gross Margin | 100.0% | — | -322.9% | — | 422.9pp |
| Net Margin | -462.4% | — | -2006.3% | — | 1543.9pp |
| EPS (Diluted) | $-3.80 | — | $-6.20 | — | 38.7% |
| Free Cash Flow | -$80M | — | -$56M | — | -42.3% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $16M |
| R&D Expenses | $60M |
| Selling & Marketing | $2M |
| General & Administrative | $30M |
| SG&A Expenses | $32M |
| Other Expenses | -$1.0K |
| Operating Expenses | $92M |
| Cost & Expenses | $92M |
| OPERATING INCOME | -$76M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$73M |
| Income Tax Expense | $7.0K |
| Net Income from Continuing Ops | -$73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$73M |
| D&A | $13M |
| EBIT | -$76M |
| EBITDA | -$63M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$73M |
| Depreciation & Amortization | -$14M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $99.0K |
| Change in Working Capital | $953.0K |
| OPERATING CASH FLOW | -$80M |
| Capital Expenditure | -$677.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$285.0K |
| Sales/Maturities of Investments | $154.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$808.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$154.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$80M |
| Net Change in Cash | -$68M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $141M |
| Short-Term Investments | $0 |
| Net Receivables | $15M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $159M |
| PP&E (Net) | $18M |
| Goodwill | $0 |
| Intangible Assets | $58.0K |
| Long-Term Investments | $4M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $24M |
| TOTAL ASSETS | $183M |
| Account Payables | $23M |
| Short-Term Debt | $883.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $37M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $934.0K |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $43M |
| Common Stock | $11M |
| Additional Paid-In Capital | $377M |
| Retained Earnings | -$239M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $140M |
| Minority Interest | $0 |
| TOTAL EQUITY | $140M |
| TOTAL LIABILITIES & EQUITY | $183M |
| Total Debt | $7M |
| Net Debt | -$135M |
