| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $50M | — | $38M | — | 33.0% |
| Op. Income | -$29M | — | -$22M | — | -32.6% |
| Gross Margin | 91.5% | — | 90.1% | — | 1.4pp |
| Net Margin | -54.4% | — | -61.8% | — | 7.4pp |
| EPS (Diluted) | $-0.84 | — | $-1.06 | — | 20.8% |
| Free Cash Flow | -$8M | — | -$2M | — | -382.0% |
| Item | Amount |
|---|---|
| REVENUE | $50M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $46M |
| R&D Expenses | $41M |
| Selling & Marketing | $17M |
| General & Administrative | $16M |
| SG&A Expenses | $34M |
| Other Expenses | $0 |
| Operating Expenses | $75M |
| Cost & Expenses | $79M |
| OPERATING INCOME | -$29M |
| Interest Income | $1M |
| Interest Expense | $89.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$28M |
| Income Tax Expense | -$417.0K |
| Net Income from Continuing Ops | -$27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$27M |
| D&A | $2M |
| EBIT | -$27M |
| EBITDA | -$25M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$27M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$484.0K |
| Other Non-Cash Items | -$304.0K |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$35M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $241.0K |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$48M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $37M |
| Short-Term Investments | $31M |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $81M |
| PP&E (Net) | $6M |
| Goodwill | $4M |
| Intangible Assets | $5M |
| Long-Term Investments | $16M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $34M |
| TOTAL ASSETS | $116M |
| Account Payables | $572.0K |
| Short-Term Debt | $1M |
| Deferred Revenue | $32M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $44M |
| Long-Term Debt | $448.0K |
| Deferred Revenue NC | $32M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $34M |
| TOTAL LIABILITIES | $78M |
| Common Stock | $34.0K |
| Additional Paid-In Capital | $104M |
| Retained Earnings | -$66M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $101.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $38M |
| Minority Interest | $0 |
| TOTAL EQUITY | $38M |
| TOTAL LIABILITIES & EQUITY | $116M |
| Total Debt | $4M |
| Net Debt | -$34M |
