| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | — | $13M | — | -8.3% |
| Op. Income | -$72M | — | -$109M | — | 33.7% |
| Gross Margin | 76.7% | — | 78.1% | — | -1.4pp |
| Net Margin | -625.5% | — | -545.9% | — | -79.6pp |
| EPS (Diluted) | $-0.57 | — | $-0.70 | — | 18.6% |
| Free Cash Flow | -$60M | — | -$85M | — | 30.2% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $9M |
| R&D Expenses | $53M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $28M |
| Other Expenses | $991.0K |
| Operating Expenses | $82M |
| Cost & Expenses | $84M |
| OPERATING INCOME | -$72M |
| Interest Income | $5M |
| Interest Expense | $6M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$75M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$75M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$75M |
| D&A | $7M |
| EBIT | -$69M |
| EBITDA | -$62M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$75M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$495.0K |
| OPERATING CASH FLOW | -$51M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$109M |
| Sales/Maturities of Investments | $119M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $773.0K |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $13M |
| FREE CASH FLOW | -$60M |
| Net Change in Cash | -$36M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $79M |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $108M |
| PP&E (Net) | $52M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $129.0K |
| TOTAL NON-CURRENT ASSETS | $52M |
| TOTAL ASSETS | $160M |
| Account Payables | $6M |
| Short-Term Debt | $12M |
| Deferred Revenue | $343.0K |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $29M |
| Long-Term Debt | $10M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $21M |
| TOTAL LIABILITIES | $50M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $463M |
| Retained Earnings | -$354M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $244.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $110M |
| Minority Interest | $0 |
| TOTAL EQUITY | $110M |
| TOTAL LIABILITIES & EQUITY | $160M |
| Total Debt | $31M |
| Net Debt | $9M |
