| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $38M | — | $35M | — | 10.2% |
| Op. Income | -$41M | — | -$48M | — | 14.3% |
| Gross Margin | 63.1% | — | 57.9% | — | 5.2pp |
| Net Margin | -101.5% | — | -131.9% | — | 30.3pp |
| EPS (Diluted) | $-1.83 | — | $-2.26 | — | 19.0% |
| Free Cash Flow | -$27M | — | -$23M | — | -17.8% |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $24M |
| R&D Expenses | $26M |
| Selling & Marketing | $21M |
| General & Administrative | $17M |
| SG&A Expenses | $38M |
| Other Expenses | $1M |
| Operating Expenses | $66M |
| Cost & Expenses | $80M |
| OPERATING INCOME | -$41M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$39M |
| Income Tax Expense | $44.0K |
| Net Income from Continuing Ops | -$39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$39M |
| D&A | $8M |
| EBIT | -$41M |
| EBITDA | -$33M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$39M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $17.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$27M |
| Capital Expenditure | -$212.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$33M |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | -$431.0K |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$37.0K |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $29M |
| FREE CASH FLOW | -$27M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $16M |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $39M |
| PP&E (Net) | $5M |
| Goodwill | $9M |
| Intangible Assets | $22M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $36M |
| TOTAL ASSETS | $76M |
| Account Payables | $4M |
| Short-Term Debt | $781.0K |
| Deferred Revenue | $4M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $56.0K |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $14M |
| Common Stock | $21.0K |
| Additional Paid-In Capital | $415M |
| Retained Earnings | -$351M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $61M |
| Minority Interest | $0 |
| TOTAL EQUITY | $61M |
| TOTAL LIABILITIES & EQUITY | $76M |
| Total Debt | $6M |
| Net Debt | -$6M |
