| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | — | $2M | — | 642.5% |
| Op. Income | -$12M | — | -$29M | — | 59.0% |
| Gross Margin | 98.0% | — | -1414.9% | — | 1512.8pp |
| Net Margin | -91.7% | — | -1752.8% | — | 1661.1pp |
| EPS (Diluted) | $-0.38 | — | $-1.01 | — | 62.4% |
| Free Cash Flow | -$14M | — | -$18M | — | 22.2% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $233.0K |
| GROSS PROFIT | $11M |
| R&D Expenses | $18M |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | -$233.0K |
| Operating Expenses | $23M |
| Cost & Expenses | -$24M |
| OPERATING INCOME | -$12M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $233.0K |
| EBIT | -$11M |
| EBITDA | -$10M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $233.0K |
| Stock-Based Compensation | $786.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $74.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$14M |
| Capital Expenditure | -$2.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $27M |
| Other Investing Activities | $6.0K |
| NET CASH FROM INVESTING | $27M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19M |
| Short-Term Investments | $4M |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $31M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $608.0K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $36M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $833.0K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $7M |
| Common Stock | $774.0K |
| Additional Paid-In Capital | $259M |
| Retained Earnings | -$231M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $29M |
| Minority Interest | $0 |
| TOTAL EQUITY | $29M |
| TOTAL LIABILITIES & EQUITY | $36M |
| Total Debt | $1M |
| Net Debt | -$18M |
