| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $87M | — | — | — | — |
| Op. Income | -$73M | — | — | — | — |
| Gross Margin | 66.6% | — | — | — | — |
| Net Margin | -109.7% | — | — | — | — |
| EPS (Diluted) | $-1.94 | — | — | — | — |
| Free Cash Flow | -$83M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $87M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $58M |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $95M |
| Other Expenses | $0 |
| Operating Expenses | $131M |
| Cost & Expenses | $160M |
| OPERATING INCOME | -$73M |
| Interest Income | $5M |
| Interest Expense | $25M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | -$95M |
| Income Tax Expense | $547.0K |
| Net Income from Continuing Ops | -$96M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$96M |
| Net Income Deductions | $28M |
| BOTTOM LINE NET INCOME | -$124M |
| D&A | $8M |
| EBIT | -$70M |
| EBITDA | -$63M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$96M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$76M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$228.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $589.0K |
| NET CASH FROM FINANCING | $169M |
| FREE CASH FLOW | -$83M |
| Net Change in Cash | $86M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $123M |
| Short-Term Investments | $0 |
| Net Receivables | $22M |
| Inventory | $0 |
| Other Current Assets | $598.0K |
| TOTAL CURRENT ASSETS | $148M |
| PP&E (Net) | $23M |
| Goodwill | $0 |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $37M |
| TOTAL ASSETS | $185M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $33M |
| Long-Term Debt | $134M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $774M |
| TOTAL NON-CURRENT LIABILITIES | $930M |
| TOTAL LIABILITIES | $963M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $97M |
| Retained Earnings | -$875M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$501.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$778M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$778M |
| TOTAL LIABILITIES & EQUITY | $185M |
| Total Debt | $161M |
| Net Debt | $38M |
