| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $111M | — | $83M | — | 33.4% |
| Op. Income | -$104M | — | -$373M | — | 72.1% |
| Gross Margin | 36.4% | — | 11.6% | — | 24.8pp |
| Net Margin | -87.3% | — | -449.2% | — | 361.9pp |
| EPS (Diluted) | $-2.08 | — | $-10.10 | — | 79.4% |
| Free Cash Flow | -$37M | — | -$141M | — | 73.4% |
| Item | Amount |
|---|---|
| REVENUE | $111M |
| Cost of Revenue | $71M |
| GROSS PROFIT | $40M |
| R&D Expenses | $58M |
| Selling & Marketing | $28M |
| General & Administrative | $59M |
| SG&A Expenses | $87M |
| Other Expenses | $0 |
| Operating Expenses | $145M |
| Cost & Expenses | $215M |
| OPERATING INCOME | -$104M |
| Interest Income | $9M |
| Interest Expense | $2M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | -$97M |
| Income Tax Expense | $537.0K |
| NET INCOME | -$97M |
| D&A | $15M |
| EBIT | -$95M |
| EBITDA | -$80M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$97M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $40M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | -$34M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $668.0K |
| Purchases of Investments | -$145M |
| Sales/Maturities of Investments | $162M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $15M |
| Net Debt Issuance | -$44M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $15M |
| FREE CASH FLOW | -$37M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $46M |
| Short-Term Investments | $126M |
| Net Receivables | $23M |
| Inventory | $16M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $220M |
| PP&E (Net) | $24M |
| Goodwill | $0 |
| Intangible Assets | $18M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $56M |
| TOTAL ASSETS | $276M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $39M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $78M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $17M |
| TOTAL LIABILITIES | $95M |
| Common Stock | $47.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$913M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $181M |
| Minority Interest | $0 |
| TOTAL EQUITY | $181M |
| TOTAL LIABILITIES & EQUITY | $276M |
| Total Debt | $20M |
| Net Debt | -$25M |
