| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $84M | — | $69M | — | 22.0% |
| Op. Income | -$58M | — | -$62M | — | 6.8% |
| Gross Margin | 74.0% | — | 73.9% | — | 0.1pp |
| Net Margin | -67.3% | — | -88.6% | — | 21.3pp |
| EPS (Diluted) | $-1.44 | — | $-1.60 | — | 10.0% |
| Free Cash Flow | -$33M | — | -$38M | — | 14.1% |
| Item | Amount |
|---|---|
| REVENUE | $84M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $62M |
| R&D Expenses | $18M |
| Selling & Marketing | $8M |
| General & Administrative | $94M |
| SG&A Expenses | $102M |
| Other Expenses | $0 |
| Operating Expenses | $120M |
| Cost & Expenses | $141M |
| OPERATING INCOME | -$58M |
| Interest Income | $5M |
| Interest Expense | $4M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$56M |
| Income Tax Expense | $500.0K |
| Net Income from Continuing Ops | -$56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$56M |
| D&A | $2M |
| EBIT | -$52M |
| EBITDA | -$51M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$56M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$32M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$28M |
| Sales/Maturities of Investments | $47M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $17M |
| Net Debt Issuance | -$95.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$33M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $71M |
| Short-Term Investments | $31M |
| Net Receivables | $14M |
| Inventory | $17M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $136M |
| PP&E (Net) | $21M |
| Goodwill | $2M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $27M |
| TOTAL ASSETS | $163M |
| Account Payables | $4M |
| Short-Term Debt | $3M |
| Deferred Revenue | $135.0K |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $34M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $87.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $53M |
| TOTAL LIABILITIES | $77M |
| Common Stock | $40.0K |
| Additional Paid-In Capital | $551M |
| Retained Earnings | -$468M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $86M |
| Minority Interest | $0 |
| TOTAL EQUITY | $86M |
| TOTAL LIABILITIES & EQUITY | $163M |
| Total Debt | $56M |
| Net Debt | -$14M |
