| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $114M | — | $130M | — | -12.8% |
| Op. Income | -$113M | — | -$170M | — | 33.2% |
| Gross Margin | 33.9% | — | 22.2% | — | 11.7pp |
| Net Margin | -112.6% | — | -132.5% | — | 20.0pp |
| EPS (Diluted) | $-36.95 | — | $-52.27 | — | 29.3% |
| Free Cash Flow | -$117M | — | -$135M | — | 13.1% |
| Item | Amount |
|---|---|
| REVENUE | $114M |
| Cost of Revenue | $75M |
| GROSS PROFIT | $39M |
| R&D Expenses | $38M |
| Selling & Marketing | $70M |
| General & Administrative | $43M |
| SG&A Expenses | $114M |
| Other Expenses | $0 |
| Operating Expenses | $152M |
| Cost & Expenses | $227M |
| OPERATING INCOME | -$113M |
| Interest Income | $10M |
| Interest Expense | $24M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | -$127M |
| Income Tax Expense | $491.0K |
| Net Income from Continuing Ops | -$128M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$128M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$128M |
| D&A | $6M |
| EBIT | -$108M |
| EBITDA | -$98M |
| EPS | -$37 |
| EPS Diluted | -$37 |
| Item | Amount |
|---|---|
| Net Income | -$128M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $29M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | -$116M |
| Capital Expenditure | -$912.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$157M |
| Sales/Maturities of Investments | $261M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $104M |
| Net Debt Issuance | $67M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$938.0K |
| NET CASH FROM FINANCING | $68M |
| FREE CASH FLOW | -$117M |
| Net Change in Cash | $56M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $124M |
| Short-Term Investments | $35M |
| Net Receivables | $36M |
| Inventory | $59M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $258M |
| PP&E (Net) | $12M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $18M |
| TOTAL ASSETS | $276M |
| Account Payables | $4M |
| Short-Term Debt | $2M |
| Deferred Revenue | $13M |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $45M |
| Long-Term Debt | $197M |
| Deferred Revenue NC | $844.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $204M |
| TOTAL LIABILITIES | $249M |
| Common Stock | $53.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $42.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27M |
| Minority Interest | $0 |
| TOTAL EQUITY | $27M |
| TOTAL LIABILITIES & EQUITY | $276M |
| Total Debt | $202M |
| Net Debt | $78M |
