| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $43M | — | $17M | — | 153.2% |
| Op. Income | -$10M | — | -$27M | — | 63.2% |
| Gross Margin | 57.6% | — | 24.2% | — | 33.4pp |
| Net Margin | -75.0% | — | -149.6% | — | 74.6pp |
| EPS (Diluted) | $-1.30 | — | $-1.03 | — | -26.2% |
| Free Cash Flow | $21M | — | -$5M | — | 493.5% |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $25M |
| R&D Expenses | $12M |
| Selling & Marketing | $5M |
| General & Administrative | $18M |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $35M |
| Cost & Expenses | $53M |
| OPERATING INCOME | -$10M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | -$30M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$32M |
| D&A | $13M |
| EBIT | -$28M |
| EBITDA | -$15M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$32M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $974.8K |
| Other Non-Cash Items | $19M |
| Change in Working Capital | $19M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$835.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$835.9K |
| Net Debt Issuance | -$77.7K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $3M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $19M |
| PP&E (Net) | $10M |
| Goodwill | $603M |
| Intangible Assets | $105M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $246.8K |
| TOTAL NON-CURRENT ASSETS | $718M |
| TOTAL ASSETS | $738M |
| Account Payables | $17M |
| Short-Term Debt | $30M |
| Deferred Revenue | $11M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $86M |
| Long-Term Debt | $500.0K |
| Deferred Revenue NC | $14.6K |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $55M |
| TOTAL NON-CURRENT LIABILITIES | $57M |
| TOTAL LIABILITIES | $142M |
| Common Stock | $28 |
| Additional Paid-In Capital | $764M |
| Retained Earnings | -$168M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$761.2K |
| Other Equity | -$5 |
| TOTAL STOCKHOLDERS' EQUITY | $595M |
| Minority Interest | $0 |
| TOTAL EQUITY | $595M |
| TOTAL LIABILITIES & EQUITY | $738M |
| Total Debt | $31M |
| Net Debt | $27M |
