| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | — | $27M | — | -76.9% |
| Op. Income | -$100M | — | -$76M | — | -31.7% |
| Gross Margin | 1.7% | — | 76.4% | — | -74.7pp |
| Net Margin | -1540.6% | — | 105.2% | — | -1645.9pp |
| EPS (Diluted) | $-0.39 | — | $-0.33 | — | -18.2% |
| Free Cash Flow | -$68M | — | -$70M | — | 2.1% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $106.0K |
| R&D Expenses | $49M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $40M |
| Other Expenses | $11M |
| Operating Expenses | $100M |
| Cost & Expenses | $106M |
| OPERATING INCOME | -$100M |
| Interest Income | $3M |
| Interest Expense | $468.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$96M |
| Income Tax Expense | -$458.0K |
| Net Income from Continuing Ops | -$96M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$96M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$96M |
| D&A | $7M |
| EBIT | -$96M |
| EBITDA | -$89M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$96M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$479.0K |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | -$67M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$185M |
| Sales/Maturities of Investments | $183M |
| Other Investing Activities | $98.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$43M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $30M |
| FREE CASH FLOW | -$68M |
| Net Change in Cash | -$41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $55M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $69M |
| PP&E (Net) | $14M |
| Goodwill | $27M |
| Intangible Assets | $41M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $846.0K |
| TOTAL NON-CURRENT ASSETS | $82M |
| TOTAL ASSETS | $151M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $509.0K |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $23M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $33M |
| Common Stock | $0 |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | -$2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $118M |
| Minority Interest | $0 |
| TOTAL EQUITY | $118M |
| TOTAL LIABILITIES & EQUITY | $151M |
| Total Debt | $7M |
| Net Debt | -$481.0K |
