| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | — | $151.0K | — | 611.9% |
| Op. Income | -$81M | — | $2M | — | -3995.1% |
| Gross Margin | 100.0% | — | 100.0% | — | 0.0pp |
| Net Margin | -6678.9% | — | 2768.2% | — | -9447.1pp |
| EPS (Diluted) | $-7.26 | — | $0.03 | — | -25048.5% |
| Free Cash Flow | -$70M | — | -$42M | — | -67.2% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $1M |
| R&D Expenses | $65M |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $82M |
| Cost & Expenses | $82M |
| OPERATING INCOME | -$81M |
| Interest Income | $9M |
| Interest Expense | $0 |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | -$72M |
| Income Tax Expense | -$498.0K |
| Net Income from Continuing Ops | -$72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$72M |
| D&A | $1M |
| EBIT | -$81M |
| EBITDA | -$79M |
| EPS | -$7 |
| EPS Diluted | -$7 |
| Item | Amount |
|---|---|
| Net Income | -$72M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$491.0K |
| Other Non-Cash Items | $18.0K |
| Change in Working Capital | $248.0K |
| OPERATING CASH FLOW | -$67M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$213M |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | $23M |
| NET CASH FROM INVESTING | -$161M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $52.0K |
| NET CASH FROM FINANCING | $378M |
| FREE CASH FLOW | -$70M |
| Net Change in Cash | $150M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $238M |
| Short-Term Investments | $113M |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $200.0K |
| TOTAL CURRENT ASSETS | $357M |
| PP&E (Net) | $29M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $70M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $100M |
| TOTAL ASSETS | $457M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $33.0K |
| TOTAL NON-CURRENT LIABILITIES | $24M |
| TOTAL LIABILITIES | $37M |
| Common Stock | $44.0K |
| Additional Paid-In Capital | $538M |
| Retained Earnings | -$118M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $56.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $420M |
| Minority Interest | $0 |
| TOTAL EQUITY | $420M |
| TOTAL LIABILITIES & EQUITY | $457M |
| Total Debt | $25M |
| Net Debt | -$213M |
