| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | — | $4M | — | -1.6% |
| Op. Income | -$64M | — | -$66M | — | 3.1% |
| Gross Margin | -230.0% | — | -200.7% | — | -29.2pp |
| Net Margin | -1857.5% | — | -1021.8% | — | -835.7pp |
| EPS (Diluted) | $-0.66 | — | $-0.40 | — | -65.0% |
| Free Cash Flow | -$38M | — | -$41M | — | 6.1% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $13M |
| GROSS PROFIT | -$9M |
| R&D Expenses | $20M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $35M |
| Operating Expenses | $55M |
| Cost & Expenses | $67M |
| OPERATING INCOME | -$64M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$72M |
| Income Tax Expense | $221.0K |
| Net Income from Continuing Ops | -$72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$72M |
| D&A | $4M |
| EBIT | -$64M |
| EBITDA | -$59M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$72M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$35M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$37M |
| Sales/Maturities of Investments | $42M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | $68M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $69M |
| FREE CASH FLOW | -$38M |
| Net Change in Cash | $35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $82M |
| Short-Term Investments | $4M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $91M |
| PP&E (Net) | $41M |
| Goodwill | $18M |
| Intangible Assets | $11M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $71M |
| TOTAL ASSETS | $162M |
| Account Payables | $391.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $297.0K |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $48M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $72M |
| TOTAL LIABILITIES | $82M |
| Common Stock | $12.0K |
| Additional Paid-In Capital | $837M |
| Retained Earnings | -$760M |
| Treasury Stock | -$665.0K |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $79M |
| Minority Interest | $1M |
| TOTAL EQUITY | $80M |
| TOTAL LIABILITIES & EQUITY | $162M |
| Total Debt | $66M |
| Net Debt | -$16M |
