| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $203M | — | $144M | — | 40.8% |
| Op. Income | -$115M | — | -$107M | — | -7.5% |
| Gross Margin | 51.6% | — | 57.0% | — | -5.5pp |
| Net Margin | -46.2% | — | -55.9% | — | 9.8pp |
| EPS (Diluted) | $-4.05 | — | $-3.63 | — | -11.6% |
| Free Cash Flow | -$13M | — | -$4M | — | -210.7% |
| Item | Amount |
|---|---|
| REVENUE | $203M |
| Cost of Revenue | $98M |
| GROSS PROFIT | $104M |
| R&D Expenses | $107M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $102M |
| Other Expenses | $11M |
| Operating Expenses | $220M |
| Cost & Expenses | $318M |
| OPERATING INCOME | -$115M |
| Interest Income | $23M |
| Interest Expense | $0 |
| Other Income/Expenses | $22M |
| INCOME BEFORE TAX | -$93M |
| Income Tax Expense | $486.0K |
| Net Income from Continuing Ops | -$94M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$94M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$94M |
| D&A | $30M |
| EBIT | -$105M |
| EBITDA | -$74M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$94M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $93M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$808M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $909M |
| NET CASH FROM INVESTING | $65M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$142M |
| NET CASH FROM FINANCING | -$91M |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $413M |
| Net Receivables | $38M |
| Inventory | $77M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $544M |
| PP&E (Net) | $89M |
| Goodwill | $87M |
| Intangible Assets | $164M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $341M |
| TOTAL ASSETS | $885M |
| Account Payables | $23M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $108M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $73M |
| TOTAL NON-CURRENT LIABILITIES | $77M |
| TOTAL LIABILITIES | $185M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $882M |
| Retained Earnings | -$182M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $700M |
| Minority Interest | $0 |
| TOTAL EQUITY | $700M |
| TOTAL LIABILITIES & EQUITY | $885M |
| Total Debt | $6M |
| Net Debt | $126.0K |
