| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | — | $0 | — | — |
| Op. Income | -$140M | — | -$132M | — | -5.6% |
| Gross Margin | 100.0% | — | — | — | — |
| Net Margin | -1816.8% | — | — | — | — |
| EPS (Diluted) | $-1.68 | — | $-2.02 | — | 16.8% |
| Free Cash Flow | -$104M | — | -$111M | — | 6.3% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $7M |
| R&D Expenses | $118M |
| Selling & Marketing | $0 |
| General & Administrative | $29M |
| SG&A Expenses | $29M |
| Other Expenses | $0 |
| Operating Expenses | $147M |
| Cost & Expenses | $147M |
| OPERATING INCOME | -$140M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $13M |
| INCOME BEFORE TAX | -$127M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$127M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$127M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$127M |
| D&A | $2M |
| EBIT | -$140M |
| EBITDA | -$138M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$127M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$103M |
| Capital Expenditure | -$764.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$53M |
| Sales/Maturities of Investments | $144M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $90M |
| Net Debt Issuance | -$395.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$54.0K |
| NET CASH FROM FINANCING | -$120.0K |
| FREE CASH FLOW | -$104M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $121M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $136M |
| PP&E (Net) | $35M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $40M |
| TOTAL ASSETS | $176M |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $26M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $18M |
| TOTAL LIABILITIES | $44M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $715M |
| Retained Earnings | -$584M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $35.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $131M |
| Minority Interest | $0 |
| TOTAL EQUITY | $131M |
| TOTAL LIABILITIES & EQUITY | $176M |
| Total Debt | $18M |
| Net Debt | $6M |
