| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | — | $20M | — | -47.4% |
| Op. Income | -$114M | — | -$120M | — | 5.0% |
| Gross Margin | 100.0% | — | 100.1% | — | -0.1pp |
| Net Margin | -2002.7% | — | -631.8% | — | -1370.9pp |
| EPS (Diluted) | $-4.14 | — | $-2.84 | — | -45.7% |
| Free Cash Flow | -$101M | — | -$96M | — | -5.0% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $11M |
| R&D Expenses | $106M |
| Selling & Marketing | $2M |
| General & Administrative | $18M |
| SG&A Expenses | $20M |
| Other Expenses | -$1M |
| Operating Expenses | $125M |
| Cost & Expenses | $125M |
| OPERATING INCOME | -$114M |
| Interest Income | $1M |
| Interest Expense | $14M |
| Other Income/Expenses | -$101M |
| INCOME BEFORE TAX | -$215M |
| Income Tax Expense | $366.0K |
| Net Income from Continuing Ops | -$215M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $2.3K |
| NET INCOME | -$215M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$215M |
| D&A | $6M |
| EBIT | -$201M |
| EBITDA | -$195M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$215M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $108M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$100M |
| Capital Expenditure | -$389.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $10M |
| Net Debt Issuance | $23M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $80M |
| NET CASH FROM FINANCING | $170M |
| FREE CASH FLOW | -$101M |
| Net Change in Cash | $81M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $113M |
| Short-Term Investments | $0 |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $408.0K |
| TOTAL CURRENT ASSETS | $130M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $56.1K |
| Long-Term Investments | $1M |
| Tax Assets | $253.7K |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $139M |
| Account Payables | $38M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $86M |
| TOTAL CURRENT LIABILITIES | $141M |
| Long-Term Debt | $54M |
| Deferred Revenue NC | $125.1K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $66M |
| TOTAL NON-CURRENT LIABILITIES | $123M |
| TOTAL LIABILITIES | $264M |
| Common Stock | $1M |
| Additional Paid-In Capital | $291M |
| Retained Earnings | -$215M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$202M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$125M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$125M |
| TOTAL LIABILITIES & EQUITY | $139M |
| Total Debt | $64M |
| Net Debt | -$49M |
