| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $217M | — | $181M | — | 19.7% |
| Op. Income | -$177M | — | -$147M | — | -20.9% |
| Gross Margin | 64.9% | — | 55.8% | — | 9.1pp |
| Net Margin | 18.8% | — | -82.4% | — | 101.2pp |
| EPS (Diluted) | $0.54 | — | $-2.10 | — | 125.7% |
| Free Cash Flow | -$150M | — | -$128M | — | -17.6% |
| Item | Amount |
|---|---|
| REVENUE | $217M |
| Cost of Revenue | $76M |
| GROSS PROFIT | $141M |
| R&D Expenses | $182M |
| Selling & Marketing | $37M |
| General & Administrative | $99M |
| SG&A Expenses | $136M |
| Other Expenses | $0 |
| Operating Expenses | $318M |
| Cost & Expenses | $394M |
| OPERATING INCOME | -$177M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $220M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $6M |
| EBIT | -$177M |
| EBITDA | -$172M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $41M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $48M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$208M |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | -$137M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | -$321M |
| Sales/Maturities of Investments | $384M |
| Other Investing Activities | $147M |
| NET CASH FROM INVESTING | $193M |
| Net Debt Issuance | -$19.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $9M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | -$150M |
| Net Change in Cash | $65M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $155M |
| Short-Term Investments | $308M |
| Net Receivables | $89M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $568M |
| PP&E (Net) | $141M |
| Goodwill | $5M |
| Intangible Assets | $0 |
| Long-Term Investments | $83M |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $235M |
| TOTAL ASSETS | $803M |
| Account Payables | $17M |
| Short-Term Debt | $0 |
| Deferred Revenue | $56M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $134M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $9M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $667.0K |
| TOTAL NON-CURRENT LIABILITIES | $121M |
| TOTAL LIABILITIES | $254M |
| Common Stock | $722.0K |
| Additional Paid-In Capital | $886M |
| Retained Earnings | -$338M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $281.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $549M |
| Minority Interest | $0 |
| TOTAL EQUITY | $549M |
| TOTAL LIABILITIES & EQUITY | $803M |
| Total Debt | $128M |
| Net Debt | -$27M |
