| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $90M | — | $92M | — | -2.1% |
| Op. Income | -$137M | — | -$240M | — | 42.8% |
| Gross Margin | 59.3% | — | 76.5% | — | -17.2pp |
| Net Margin | -306.3% | — | -400.0% | — | 93.7pp |
| EPS (Diluted) | $-21.79 | — | $-29.51 | — | 26.2% |
| Free Cash Flow | -$193M | — | -$310M | — | 37.5% |
| Item | Amount |
|---|---|
| REVENUE | $90M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $53M |
| R&D Expenses | $114M |
| Selling & Marketing | $0 |
| General & Administrative | $77M |
| SG&A Expenses | $77M |
| Other Expenses | -$676.0K |
| Operating Expenses | $191M |
| Cost & Expenses | $228M |
| OPERATING INCOME | -$137M |
| Interest Income | $19M |
| Interest Expense | $25M |
| Other Income/Expenses | -$139M |
| INCOME BEFORE TAX | -$276M |
| Income Tax Expense | -$200.0K |
| Net Income from Continuing Ops | -$276M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$276M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$276M |
| D&A | $8M |
| EBIT | -$251M |
| EBITDA | -$243M |
| EPS | -$22 |
| EPS Diluted | -$22 |
| Item | Amount |
|---|---|
| Net Income | -$276M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $33M |
| Deferred Income Tax | -$140.0K |
| Other Non-Cash Items | $62M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | -$193M |
| Capital Expenditure | -$865.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$512M |
| Sales/Maturities of Investments | $651M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | $140M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $30.0K |
| FREE CASH FLOW | -$193M |
| Net Change in Cash | -$53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $268M |
| Net Receivables | $2M |
| Inventory | $16M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $331M |
| PP&E (Net) | $37M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $26M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $67M |
| TOTAL ASSETS | $398M |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $51M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $117M |
| TOTAL NON-CURRENT LIABILITIES | $216M |
| TOTAL LIABILITIES | $267M |
| Common Stock | $19.0K |
| Additional Paid-In Capital | $3.6B |
| Retained Earnings | -$3.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $80.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $131M |
| Minority Interest | $0 |
| TOTAL EQUITY | $131M |
| TOTAL LIABILITIES & EQUITY | $398M |
| Total Debt | $118M |
| Net Debt | $82M |
