| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $53M | — | $59M | — | -10.1% |
| Op. Income | -$319M | — | -$229M | — | -39.5% |
| Gross Margin | 30.7% | — | 45.7% | — | -15.0pp |
| Net Margin | -696.9% | — | -485.0% | — | -211.9pp |
| EPS (Diluted) | $-1.34 | — | $-1.08 | — | -24.0% |
| Free Cash Flow | -$99M | — | -$75M | — | -32.7% |
| Item | Amount |
|---|---|
| REVENUE | $53M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $16M |
| R&D Expenses | $159M |
| Selling & Marketing | $8M |
| General & Administrative | $166M |
| SG&A Expenses | $174M |
| Other Expenses | $2M |
| Operating Expenses | $335M |
| Cost & Expenses | $372M |
| OPERATING INCOME | -$319M |
| Interest Income | $26M |
| Interest Expense | $409.3K |
| Other Income/Expenses | -$48M |
| INCOME BEFORE TAX | -$367M |
| Income Tax Expense | $857.4K |
| Net Income from Continuing Ops | -$368M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$368M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$368M |
| D&A | $15M |
| EBIT | -$366M |
| EBITDA | -$352M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$368M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $174M |
| Deferred Income Tax | $857.4K |
| Other Non-Cash Items | $91M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$87M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$740M |
| Sales/Maturities of Investments | $801M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | $48M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$59M |
| NET CASH FROM FINANCING | $413M |
| FREE CASH FLOW | -$99M |
| Net Change in Cash | $381M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $624M |
| Short-Term Investments | $337M |
| Net Receivables | $64M |
| Inventory | $30M |
| Other Current Assets | $703.4K |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $40M |
| Goodwill | $7M |
| Intangible Assets | $3M |
| Long-Term Investments | $8M |
| Tax Assets | $145.7K |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $59M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $3M |
| Short-Term Debt | $4M |
| Deferred Revenue | $28M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $79M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $683.4K |
| Deferred Tax Liabilities | $655.5K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $12M |
| TOTAL LIABILITIES | $92M |
| Common Stock | $8.5K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | -$1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $120M |
| Other Equity | $310M |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $21M |
| Net Debt | -$603M |
