| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $39M | — | $41M | — | -6.4% |
| Op. Income | -$51M | — | -$48M | — | -6.0% |
| Gross Margin | 81.6% | — | 88.5% | — | -6.9pp |
| Net Margin | -106.3% | — | -91.8% | — | -14.4pp |
| EPS (Diluted) | $-0.39 | — | $-0.37 | — | -5.4% |
| Free Cash Flow | -$29M | — | -$25M | — | -15.3% |
| Item | Amount |
|---|---|
| REVENUE | $39M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $32M |
| R&D Expenses | $22M |
| Selling & Marketing | $27M |
| General & Administrative | $30M |
| SG&A Expenses | $56M |
| Other Expenses | $4M |
| Operating Expenses | $83M |
| Cost & Expenses | $90M |
| OPERATING INCOME | -$51M |
| Interest Income | $10M |
| Interest Expense | $0 |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | -$41M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$41M |
| D&A | $5M |
| EBIT | -$51M |
| EBITDA | -$46M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$41M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$751.0K |
| OPERATING CASH FLOW | -$28M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$151M |
| Sales/Maturities of Investments | $159M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$29M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $127M |
| Net Receivables | $5M |
| Inventory | $9M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $172M |
| PP&E (Net) | $30M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $36M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $68M |
| TOTAL ASSETS | $239M |
| Account Payables | $1M |
| Short-Term Debt | $864.0K |
| Deferred Revenue | $5M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $274.0K |
| TOTAL NON-CURRENT LIABILITIES | $17M |
| TOTAL LIABILITIES | $33M |
| Common Stock | $1M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$217M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $422M |
| TOTAL STOCKHOLDERS' EQUITY | $206M |
| Minority Interest | $0 |
| TOTAL EQUITY | $206M |
| TOTAL LIABILITIES & EQUITY | $239M |
| Total Debt | $18M |
| Net Debt | -$10M |
