| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $45M | — | $17M | — | 160.2% |
| Op. Income | -$78M | — | -$45M | — | -75.8% |
| Gross Margin | -110.9% | — | 89.9% | — | -200.9pp |
| Net Margin | -152.5% | — | -253.4% | — | 100.9pp |
| EPS (Diluted) | $-1.82 | — | $-1.16 | — | -56.9% |
| Free Cash Flow | -$101M | — | $16M | — | -742.8% |
| Item | Amount |
|---|---|
| REVENUE | $45M |
| Cost of Revenue | $94M |
| GROSS PROFIT | -$50M |
| R&D Expenses | $94M |
| Selling & Marketing | $0 |
| General & Administrative | $29M |
| SG&A Expenses | $29M |
| Other Expenses | -$94M |
| Operating Expenses | $29M |
| Cost & Expenses | $123M |
| OPERATING INCOME | -$78M |
| Interest Income | $15M |
| Interest Expense | $0 |
| Other Income/Expenses | $18M |
| INCOME BEFORE TAX | -$60M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | -$68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$68M |
| D&A | $4M |
| EBIT | -$78M |
| EBITDA | -$74M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$68M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | -$91M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$208M |
| Sales/Maturities of Investments | $264M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $46M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$101M |
| Net Change in Cash | -$45M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $141M |
| Short-Term Investments | $131M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $278M |
| PP&E (Net) | $65M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $16M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $87M |
| TOTAL ASSETS | $365M |
| Account Payables | $2M |
| Short-Term Debt | $3M |
| Deferred Revenue | $49M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $69M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $31M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $81M |
| TOTAL LIABILITIES | $150M |
| Common Stock | $26.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$145M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $215M |
| Minority Interest | $0 |
| TOTAL EQUITY | $215M |
| TOTAL LIABILITIES & EQUITY | $365M |
| Total Debt | $48M |
| Net Debt | -$92M |
