| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $83M | — | $41M | — | 103.0% |
| Op. Income | -$373M | — | -$145M | — | -156.6% |
| Gross Margin | 11.6% | — | 26.6% | — | -15.0pp |
| Net Margin | -449.2% | — | -337.7% | — | -111.5pp |
| EPS (Diluted) | $-10.10 | — | $-7.79 | — | -29.7% |
| Free Cash Flow | -$141M | — | -$116M | — | -21.3% |
| Item | Amount |
|---|---|
| REVENUE | $83M |
| Cost of Revenue | $74M |
| GROSS PROFIT | $10M |
| R&D Expenses | $91M |
| Selling & Marketing | $42M |
| General & Administrative | $82M |
| SG&A Expenses | $124M |
| Other Expenses | $168M |
| Operating Expenses | $383M |
| Cost & Expenses | $456M |
| OPERATING INCOME | -$373M |
| Interest Income | $9M |
| Interest Expense | $9M |
| Other Income/Expenses | -$395.0K |
| INCOME BEFORE TAX | -$374M |
| Income Tax Expense | $523.0K |
| NET INCOME | -$374M |
| D&A | $22M |
| EBIT | -$364M |
| EBITDA | -$343M |
| EPS | -$10 |
| EPS Diluted | -$10 |
| Item | Amount |
|---|---|
| Net Income | -$374M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $58M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $178M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | -$138M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $32M |
| Purchases of Investments | -$137M |
| Sales/Maturities of Investments | $158M |
| Other Investing Activities | $560.0K |
| NET CASH FROM INVESTING | $51M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $16M |
| FREE CASH FLOW | -$141M |
| Net Change in Cash | -$72M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51M |
| Short-Term Investments | $139M |
| Net Receivables | $40M |
| Inventory | $23M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $263M |
| PP&E (Net) | $29M |
| Goodwill | $0 |
| Intangible Assets | $24M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $68M |
| TOTAL ASSETS | $331M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $26M |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $82M |
| Long-Term Debt | $44M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $69M |
| TOTAL LIABILITIES | $151M |
| Common Stock | $42.0K |
| Additional Paid-In Capital | $995M |
| Retained Earnings | -$816M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $192.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $180M |
| Minority Interest | $0 |
| TOTAL EQUITY | $180M |
| TOTAL LIABILITIES & EQUITY | $331M |
| Total Debt | $70M |
| Net Debt | $19M |
