| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | — | $3M | — | 120.6% |
| Op. Income | -$102M | — | -$48M | — | -111.5% |
| Gross Margin | 100.0% | — | 100.0% | — | 0.0pp |
| Net Margin | -1362.8% | — | -1541.2% | — | 178.4pp |
| EPS (Diluted) | $-2.55 | — | $-8.45 | — | 69.8% |
| Free Cash Flow | -$78M | — | -$37M | — | -111.7% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $6M |
| R&D Expenses | $83M |
| Selling & Marketing | $0 |
| General & Administrative | $25M |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $108M |
| Cost & Expenses | $108M |
| OPERATING INCOME | -$102M |
| Interest Income | $17M |
| Interest Expense | $0 |
| Other Income/Expenses | $17M |
| INCOME BEFORE TAX | -$85M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$85M |
| D&A | $412.0K |
| EBIT | -$102M |
| EBITDA | -$101M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$85M |
| Depreciation & Amortization | $412.0K |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | -$351.0K |
| OPERATING CASH FLOW | -$78M |
| Capital Expenditure | -$105.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$414M |
| Sales/Maturities of Investments | $127M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$287M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | $256M |
| FREE CASH FLOW | -$78M |
| Net Change in Cash | -$109M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $252M |
| Net Receivables | $807.0K |
| Inventory | $0 |
| Other Current Assets | $355.0K |
| TOTAL CURRENT ASSETS | $281M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $82M |
| Tax Assets | $0 |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $93M |
| TOTAL ASSETS | $374M |
| Account Payables | $5M |
| Short-Term Debt | $320.0K |
| Deferred Revenue | $479.0K |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $22M |
| Common Stock | $31.0K |
| Additional Paid-In Capital | $527M |
| Retained Earnings | -$174M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $106.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $352M |
| Minority Interest | $0 |
| TOTAL EQUITY | $352M |
| TOTAL LIABILITIES & EQUITY | $374M |
| Total Debt | $1M |
| Net Debt | -$21M |
