| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $46M | — | $41M | — | 11.1% |
| Op. Income | -$75M | — | -$100M | — | 24.7% |
| Gross Margin | 89.9% | — | 79.9% | — | 10.0pp |
| Net Margin | -153.8% | — | -247.0% | — | 93.1pp |
| EPS (Diluted) | $-1.82 | — | $-2.74 | — | 33.6% |
| Free Cash Flow | -$2M | — | -$67M | — | 97.6% |
| Item | Amount |
|---|---|
| REVENUE | $46M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $41M |
| R&D Expenses | $65M |
| Selling & Marketing | $12M |
| General & Administrative | $40M |
| SG&A Expenses | $52M |
| Other Expenses | $0 |
| Operating Expenses | $116M |
| Cost & Expenses | $121M |
| OPERATING INCOME | -$75M |
| Interest Income | $7M |
| Interest Expense | $1M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$71M |
| Income Tax Expense | $83.0K |
| Net Income from Continuing Ops | -$71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$71M |
| D&A | $464.0K |
| EBIT | -$69M |
| EBITDA | -$69M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$71M |
| Depreciation & Amortization | $464.0K |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $83.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $59M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$168.0K |
| Purchases of Investments | -$55M |
| Sales/Maturities of Investments | $55M |
| Other Investing Activities | $168.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$41M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $187M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $186M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $281M |
| Short-Term Investments | $50M |
| Net Receivables | $805.0K |
| Inventory | $4M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $345M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $150.0K |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $355M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $39M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $63M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $21M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $26M |
| TOTAL LIABILITIES | $89M |
| Common Stock | $49.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | -$742M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $864.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $266M |
| Minority Interest | $0 |
| TOTAL EQUITY | $266M |
| TOTAL LIABILITIES & EQUITY | $355M |
| Total Debt | $5M |
| Net Debt | -$276M |
