| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | — | $5M | — | 498.7% |
| Op. Income | -$40M | — | -$42M | — | 4.5% |
| Gross Margin | 99.3% | — | 97.0% | — | 2.3pp |
| Net Margin | -48.5% | — | -858.2% | — | 809.6pp |
| EPS (Diluted) | $-1.65 | — | $-4.04 | — | 59.2% |
| Free Cash Flow | -$14M | — | -$18M | — | 24.2% |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $206.0K |
| GROSS PROFIT | $28M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $34M |
| SG&A Expenses | $34M |
| Other Expenses | $31M |
| Operating Expenses | $68M |
| Cost & Expenses | $68M |
| OPERATING INCOME | -$40M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | $20M |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$19M |
| D&A | $216.0K |
| EBIT | -$6M |
| EBITDA | -$5M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $216.0K |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$14M |
| Capital Expenditure | -$20.0K |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$24M |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | -$13.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | -$53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $102M |
| Short-Term Investments | $4M |
| Net Receivables | $17M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $126M |
| PP&E (Net) | $351.0K |
| Goodwill | $0 |
| Intangible Assets | $26M |
| Long-Term Investments | $64M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $96M |
| TOTAL ASSETS | $221M |
| Account Payables | $1M |
| Short-Term Debt | $11M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $107M |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $115M |
| TOTAL LIABILITIES | $139M |
| Common Stock | $90.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $73.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $82M |
| Minority Interest | $0 |
| TOTAL EQUITY | $82M |
| TOTAL LIABILITIES & EQUITY | $221M |
| Total Debt | $119M |
| Net Debt | $18M |
