| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $290M | — | $145M | — | 99.4% |
| Op. Income | -$29M | — | -$3M | — | -888.1% |
| Gross Margin | -0.3% | — | 4.0% | — | -4.3pp |
| Net Margin | -11.5% | — | -2.9% | — | -8.6pp |
| EPS (Diluted) | $-1.29 | — | $-0.16 | — | -700.0% |
| Free Cash Flow | -$3M | — | -$17M | — | 84.0% |
| Item | Amount |
|---|---|
| REVENUE | $290M |
| Cost of Revenue | $291M |
| GROSS PROFIT | -$935.1K |
| R&D Expenses | $314.7K |
| Selling & Marketing | $1M |
| General & Administrative | $19M |
| SG&A Expenses | $20M |
| Other Expenses | $8M |
| Operating Expenses | $28M |
| Cost & Expenses | $319M |
| OPERATING INCOME | -$29M |
| Interest Income | $216.7K |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$33M |
| Income Tax Expense | $349.2K |
| Net Income from Continuing Ops | -$33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$33M |
| D&A | $2M |
| EBIT | -$29M |
| EBITDA | -$27M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$33M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$57.5K |
| Other Non-Cash Items | $19M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | -$715.4K |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $132M |
| NET CASH FROM INVESTING | $126M |
| Net Debt Issuance | $17M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$142M |
| NET CASH FROM FINANCING | -$125M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$2.1K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $26M |
| Inventory | $35M |
| Other Current Assets | -$64M |
| TOTAL CURRENT ASSETS | $91.7K |
| PP&E (Net) | $47M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $22M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$49M |
| TOTAL NON-CURRENT ASSETS | $22M |
| TOTAL ASSETS | $22M |
| Account Payables | $35M |
| Short-Term Debt | $56M |
| Deferred Revenue | $2M |
| Other Current Liabilities | -$99M |
| TOTAL CURRENT LIABILITIES | $910.3K |
| Long-Term Debt | $422.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $27M |
| TOTAL LIABILITIES | $959.6K |
| Common Stock | $566 |
| Additional Paid-In Capital | $30M |
| Retained Earnings | -$37M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $35.0K |
| Other Equity | $28M |
| TOTAL STOCKHOLDERS' EQUITY | $21M |
| Minority Interest | $0 |
| TOTAL EQUITY | $21M |
| TOTAL LIABILITIES & EQUITY | $22M |
| Total Debt | $84M |
| Net Debt | $83M |
