| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $90M | — | $113M | — | -19.9% |
| Op. Income | -$268M | — | -$263M | — | -2.0% |
| Gross Margin | 58.8% | — | 51.6% | — | 7.2pp |
| Net Margin | -292.0% | — | -248.7% | — | -43.3pp |
| EPS (Diluted) | $-6.02 | — | $-6.50 | — | 7.4% |
| Free Cash Flow | -$228M | — | -$238M | — | 4.1% |
| Item | Amount |
|---|---|
| REVENUE | $90M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $53M |
| R&D Expenses | $232M |
| Selling & Marketing | $0 |
| General & Administrative | $88M |
| SG&A Expenses | $88M |
| Other Expenses | $397.0K |
| Operating Expenses | $321M |
| Cost & Expenses | $358M |
| OPERATING INCOME | -$268M |
| Interest Income | $25.0K |
| Interest Expense | $7M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$264M |
| Income Tax Expense | -$152.0K |
| Net Income from Continuing Ops | -$263M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$263M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$263M |
| D&A | $17M |
| EBIT | -$257M |
| EBITDA | -$239M |
| EPS | -$6 |
| EPS Diluted | -$6 |
| Item | Amount |
|---|---|
| Net Income | -$263M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $40M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | -$218M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$87M |
| Sales/Maturities of Investments | $287M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $191M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$42M |
| NET CASH FROM FINANCING | -$35M |
| FREE CASH FLOW | -$228M |
| Net Change in Cash | -$62M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $241M |
| Net Receivables | $26M |
| Inventory | $0 |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $335M |
| PP&E (Net) | $193M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $39M |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $239M |
| TOTAL ASSETS | $574M |
| Account Payables | $23M |
| Short-Term Debt | $0 |
| Deferred Revenue | $148.0K |
| Other Current Liabilities | $86M |
| TOTAL CURRENT LIABILITIES | $130M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $50M |
| TOTAL NON-CURRENT LIABILITIES | $132M |
| TOTAL LIABILITIES | $262M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | -$705M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $312M |
| Minority Interest | $0 |
| TOTAL EQUITY | $312M |
| TOTAL LIABILITIES & EQUITY | $574M |
| Total Debt | $89M |
| Net Debt | $55M |
