| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | — | $241M | — | -96.3% |
| Op. Income | -$78M | — | $148M | — | -152.4% |
| Gross Margin | -579.8% | — | 73.2% | — | -653.0pp |
| Net Margin | -880.7% | — | 62.2% | — | -942.9pp |
| EPS (Diluted) | $-2.41 | — | $4.51 | — | -153.4% |
| Free Cash Flow | -$76M | — | $149M | — | -151.1% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $61M |
| GROSS PROFIT | -$52M |
| R&D Expenses | $62M |
| Selling & Marketing | $0 |
| General & Administrative | $24M |
| SG&A Expenses | $24M |
| Other Expenses | -$60M |
| Operating Expenses | $26M |
| Cost & Expenses | $87M |
| OPERATING INCOME | -$78M |
| Interest Income | $5M |
| Interest Expense | $62.4K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$79M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$79M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$79M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$79M |
| D&A | $3M |
| EBIT | -$79M |
| EBITDA | -$76M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$79M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$75M |
| Capital Expenditure | -$731.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$354M |
| Sales/Maturities of Investments | $407M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | $57M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $39.5K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$76M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $86M |
| Short-Term Investments | $152M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $245M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $269.8K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $252M |
| Account Payables | $521.8K |
| Short-Term Debt | $0 |
| Deferred Revenue | $6M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $28M |
| Common Stock | $5M |
| Additional Paid-In Capital | $465M |
| Retained Earnings | -$244M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $225M |
| Minority Interest | $0 |
| TOTAL EQUITY | $225M |
| TOTAL LIABILITIES & EQUITY | $252M |
| Total Debt | $5M |
| Net Debt | -$81M |
