| Metric | FY 2021 | Prior Q | FY 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $38M | — | $32M | — | 19.0% |
| Op. Income | -$22M | — | -$4M | — | -476.3% |
| Gross Margin | 90.1% | — | 95.3% | — | -5.2pp |
| Net Margin | -61.8% | — | -10.2% | — | -51.5pp |
| EPS (Diluted) | $-1.06 | — | $-0.10 | — | -960.0% |
| Free Cash Flow | -$2M | — | $2M | — | -207.5% |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $34M |
| R&D Expenses | $31M |
| Selling & Marketing | $12M |
| General & Administrative | $13M |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $60M |
| OPERATING INCOME | -$22M |
| Interest Income | $0 |
| Interest Expense | $579.0K |
| Other Income/Expenses | -$579.0K |
| INCOME BEFORE TAX | -$22M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$23M |
| D&A | $1M |
| EBIT | -$22M |
| EBITDA | -$20M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$23M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $99.0K |
| Other Non-Cash Items | -$11.0K |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | -$814.0K |
| Capital Expenditure | -$808.0K |
| Acquisitions (Net) | -$500.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$51.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $76M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $74M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $86M |
| Short-Term Investments | $0 |
| Net Receivables | $17M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $107M |
| PP&E (Net) | $5M |
| Goodwill | $3M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $120M |
| Account Payables | $2M |
| Short-Term Debt | $833.0K |
| Deferred Revenue | $30M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $42M |
| Long-Term Debt | $266.0K |
| Deferred Revenue NC | $21M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $25M |
| TOTAL LIABILITIES | $68M |
| Common Stock | $31.0K |
| Additional Paid-In Capital | $92M |
| Retained Earnings | -$39M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$81.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $53M |
| Minority Interest | $0 |
| TOTAL EQUITY | $53M |
| TOTAL LIABILITIES & EQUITY | $120M |
| Total Debt | $4M |
| Net Debt | -$82M |
