| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | — | $0 | — | — |
| Op. Income | -$52M | — | -$47M | — | -10.0% |
| Gross Margin | 100.0% | — | — | — | — |
| Net Margin | -475.0% | — | — | — | — |
| EPS (Diluted) | $-93.00 | — | $-72.00 | — | -29.2% |
| Free Cash Flow | -$33M | — | -$42M | — | 20.2% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $10M |
| R&D Expenses | $49M |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $62M |
| Cost & Expenses | $62M |
| OPERATING INCOME | -$52M |
| Interest Income | $5M |
| Interest Expense | $483.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$48M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$48M |
| D&A | $70.0K |
| EBIT | -$47M |
| EBITDA | -$47M |
| EPS | -$93 |
| EPS Diluted | -$93 |
| Item | Amount |
|---|---|
| Net Income | -$48M |
| Depreciation & Amortization | $70.0K |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$404.0K |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | -$33M |
| Capital Expenditure | -$7.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $68M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $56M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $49M |
| FREE CASH FLOW | -$33M |
| Net Change in Cash | $72M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $96M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $102M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $582.0K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $104M |
| Account Payables | $3M |
| Short-Term Debt | $2M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $236.0K |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $27M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $274M |
| Retained Earnings | -$197M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $77M |
| Minority Interest | $0 |
| TOTAL EQUITY | $77M |
| TOTAL LIABILITIES & EQUITY | $104M |
| Total Debt | $5M |
| Net Debt | -$92M |
