| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | -$8M | — | $42M | — | -119.9% |
| Op. Income | -$80M | — | -$31M | — | -155.4% |
| Gross Margin | 100.0% | — | 100.0% | — | 0.0pp |
| Net Margin | 947.6% | — | -109.6% | — | 1057.2pp |
| EPS (Diluted) | $-1.68 | — | $-1.26 | — | -33.3% |
| Free Cash Flow | -$24M | — | -$15M | — | -59.3% |
| Item | Amount |
|---|---|
| REVENUE | -$8M |
| Cost of Revenue | $0 |
| GROSS PROFIT | -$8M |
| R&D Expenses | $47M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $24M |
| Other Expenses | $156.7K |
| Operating Expenses | $72M |
| Cost & Expenses | $72M |
| OPERATING INCOME | -$80M |
| Interest Income | $3M |
| Interest Expense | $9M |
| Other Income/Expenses | $422.1K |
| INCOME BEFORE TAX | -$80M |
| Income Tax Expense | $118.1K |
| Net Income from Continuing Ops | -$80M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$80M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$80M |
| D&A | $692.2K |
| EBIT | -$80M |
| EBITDA | -$79M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$80M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $50M |
| Change in Working Capital | $153.2K |
| OPERATING CASH FLOW | -$23M |
| Capital Expenditure | -$989.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$127.4K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | -$24M |
| Net Change in Cash | -$30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $58M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | -$1.2K |
| TOTAL CURRENT ASSETS | $72M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $8.2K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $474.7K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $79M |
| Account Payables | $5M |
| Short-Term Debt | $4M |
| Deferred Revenue | $21M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $69M |
| Long-Term Debt | $50M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $33M |
| TOTAL NON-CURRENT LIABILITIES | $87M |
| TOTAL LIABILITIES | $156M |
| Common Stock | $2M |
| Additional Paid-In Capital | $366M |
| Retained Earnings | -$80M |
| Treasury Stock | -$266.6K |
| Accum. Other Comp. Income | -$364M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$77M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$77M |
| TOTAL LIABILITIES & EQUITY | $79M |
| Total Debt | $60M |
| Net Debt | $1M |
