| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | — | $10M | — | 13.9% |
| Op. Income | -$57M | — | -$63M | — | 9.3% |
| Gross Margin | -94.0% | — | -66.6% | — | -27.5pp |
| Net Margin | -474.3% | — | -613.6% | — | 139.3pp |
| EPS (Diluted) | $-0.91 | — | $-1.08 | — | 15.7% |
| Free Cash Flow | -$39M | — | -$48M | — | 18.1% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $22M |
| GROSS PROFIT | -$11M |
| R&D Expenses | $20M |
| Selling & Marketing | $2M |
| General & Administrative | $24M |
| SG&A Expenses | $26M |
| Other Expenses | $206.0K |
| Operating Expenses | $46M |
| Cost & Expenses | $68M |
| OPERATING INCOME | -$57M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$54M |
| Income Tax Expense | -$358.0K |
| Net Income from Continuing Ops | -$54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$54M |
| D&A | $12M |
| EBIT | -$57M |
| EBITDA | -$45M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$54M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$377.0K |
| Other Non-Cash Items | -$572.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$37M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$59M |
| Sales/Maturities of Investments | $41M |
| Other Investing Activities | $46.0K |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $40M |
| FREE CASH FLOW | -$39M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39M |
| Short-Term Investments | $34M |
| Net Receivables | $2M |
| Inventory | $1M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $79M |
| PP&E (Net) | $49M |
| Goodwill | $0 |
| Intangible Assets | $70M |
| Long-Term Investments | $337.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $131M |
| TOTAL ASSETS | $210M |
| Account Payables | $2M |
| Short-Term Debt | $3M |
| Deferred Revenue | $140.0K |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $695.0K |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $21M |
| Common Stock | $181.0K |
| Additional Paid-In Capital | $563M |
| Retained Earnings | -$374M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $189M |
| Minority Interest | $0 |
| TOTAL EQUITY | $189M |
| TOTAL LIABILITIES & EQUITY | $210M |
| Total Debt | $7M |
| Net Debt | -$32M |
