| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $98M | — | $90M | — | 9.2% |
| Op. Income | -$105M | — | -$137M | — | 23.5% |
| Gross Margin | 68.8% | — | 59.3% | — | 9.5pp |
| Net Margin | -120.9% | — | -306.3% | — | 185.5pp |
| EPS (Diluted) | $-8.68 | — | $-21.79 | — | 60.2% |
| Free Cash Flow | -$177M | — | -$193M | — | 8.4% |
| Item | Amount |
|---|---|
| REVENUE | $98M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $68M |
| R&D Expenses | $121M |
| Selling & Marketing | $0 |
| General & Administrative | $77M |
| SG&A Expenses | $77M |
| Other Expenses | -$25M |
| Operating Expenses | $173M |
| Cost & Expenses | $204M |
| OPERATING INCOME | -$105M |
| Interest Income | $15M |
| Interest Expense | $28M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | -$119M |
| Income Tax Expense | -$239.0K |
| Net Income from Continuing Ops | -$119M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$119M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$119M |
| D&A | $4M |
| EBIT | -$91M |
| EBITDA | -$87M |
| EPS | -$9 |
| EPS Diluted | -$9 |
| Item | Amount |
|---|---|
| Net Income | -$119M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$77M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$176M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $65M |
| Purchases of Investments | -$262M |
| Sales/Maturities of Investments | $340M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $143M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $45M |
| NET CASH FROM FINANCING | $42M |
| FREE CASH FLOW | -$177M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44M |
| Short-Term Investments | $211M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $261M |
| PP&E (Net) | $12M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $26M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $43M |
| TOTAL ASSETS | $304M |
| Account Payables | $12M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $61M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $99M |
| TOTAL NON-CURRENT LIABILITIES | $182M |
| TOTAL LIABILITIES | $243M |
| Common Stock | $19.0K |
| Additional Paid-In Capital | $3.7B |
| Retained Earnings | -$3.6B |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | $61.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $61M |
| Minority Interest | $0 |
| TOTAL EQUITY | $61M |
| TOTAL LIABILITIES & EQUITY | $304M |
| Total Debt | $103M |
| Net Debt | $58M |
