| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $67M | — | $0 | — | — |
| Op. Income | -$191M | — | -$300M | — | 36.2% |
| Gross Margin | 100.0% | — | — | — | — |
| Net Margin | -246.0% | — | — | — | — |
| EPS (Diluted) | $-2.33 | — | $-4.47 | — | 47.9% |
| Free Cash Flow | -$171M | — | -$208M | — | 17.9% |
| Item | Amount |
|---|---|
| REVENUE | $67M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $67M |
| R&D Expenses | $168M |
| Selling & Marketing | $0 |
| General & Administrative | $87M |
| SG&A Expenses | $87M |
| Other Expenses | $4M |
| Operating Expenses | $259M |
| Cost & Expenses | $259M |
| OPERATING INCOME | -$191M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $26M |
| INCOME BEFORE TAX | -$166M |
| Income Tax Expense | $177.0K |
| Net Income from Continuing Ops | -$166M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$166M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$166M |
| D&A | $1M |
| EBIT | -$187M |
| EBITDA | -$186M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$166M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $67M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$57M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | -$171M |
| Capital Expenditure | -$221.0K |
| Acquisitions (Net) | $65.0K |
| Purchases of Investments | -$128M |
| Sales/Maturities of Investments | $305M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $177M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$241.0K |
| NET CASH FROM FINANCING | $108.0K |
| FREE CASH FLOW | -$171M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34M |
| Short-Term Investments | $337M |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $386M |
| PP&E (Net) | $37M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $44M |
| TOTAL ASSETS | $430M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $53M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $849.0K |
| TOTAL NON-CURRENT LIABILITIES | $40M |
| TOTAL LIABILITIES | $93M |
| Common Stock | $71.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $558.0K |
| Other Equity | $1 |
| TOTAL STOCKHOLDERS' EQUITY | $337M |
| Minority Interest | $0 |
| TOTAL EQUITY | $337M |
| TOTAL LIABILITIES & EQUITY | $430M |
| Total Debt | $43M |
| Net Debt | $9M |
