| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $34M | — | $59M | — | -42.2% |
| Op. Income | -$69M | — | -$27M | — | -160.5% |
| Gross Margin | 100.0% | — | 100.0% | — | 0.0pp |
| Net Margin | -148.2% | — | -37.8% | — | -110.4pp |
| EPS (Diluted) | $-0.51 | — | $-0.26 | — | -96.2% |
| Free Cash Flow | $703.0K | — | -$21M | — | 103.4% |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $34M |
| R&D Expenses | $57M |
| Selling & Marketing | $0 |
| General & Administrative | $33M |
| SG&A Expenses | $33M |
| Other Expenses | $14M |
| Operating Expenses | $104M |
| Cost & Expenses | $104M |
| OPERATING INCOME | -$69M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | -$64M |
| Income Tax Expense | -$14M |
| Net Income from Continuing Ops | -$51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$51M |
| D&A | $19M |
| EBIT | -$69M |
| EBITDA | -$50M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$51M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$113M |
| Sales/Maturities of Investments | $100M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$892.0K |
| NET CASH FROM FINANCING | -$892.0K |
| FREE CASH FLOW | $703.0K |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $71M |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $95M |
| PP&E (Net) | $38M |
| Goodwill | $84M |
| Intangible Assets | $155M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $280M |
| TOTAL ASSETS | $375M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $7M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $23M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $862.0K |
| Deferred Tax Liabilities | $11M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $38M |
| TOTAL LIABILITIES | $61M |
| Common Stock | $12.0K |
| Additional Paid-In Capital | $354M |
| Retained Earnings | -$39M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $50.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $315M |
| Minority Interest | $0 |
| TOTAL EQUITY | $315M |
| TOTAL LIABILITIES & EQUITY | $375M |
| Total Debt | $26M |
| Net Debt | $9M |
