| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $64M | — | $38M | — | 67.9% |
| Op. Income | -$32M | — | -$13M | — | -156.1% |
| Gross Margin | 79.0% | — | 76.3% | — | 2.7pp |
| Net Margin | -58.8% | — | -32.4% | — | -26.4pp |
| EPS (Diluted) | $-37.75 | — | $-0.25 | — | -15000.0% |
| Free Cash Flow | -$49M | — | -$15M | — | -218.4% |
| Item | Amount |
|---|---|
| REVENUE | $64M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $51M |
| R&D Expenses | $17M |
| Selling & Marketing | $50M |
| General & Administrative | $15M |
| SG&A Expenses | $66M |
| Other Expenses | $0 |
| Operating Expenses | $83M |
| Cost & Expenses | $96M |
| OPERATING INCOME | -$32M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$38M |
| Income Tax Expense | $143.0K |
| Net Income from Continuing Ops | -$38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$41M |
| D&A | $895.0K |
| EBIT | -$33M |
| EBITDA | -$32M |
| EPS | -$38 |
| EPS Diluted | -$38 |
| Item | Amount |
|---|---|
| Net Income | -$38M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $437.0K |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $840.0K |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | -$47M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $31M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$548.0K |
| NET CASH FROM FINANCING | $31M |
| FREE CASH FLOW | -$49M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $29M |
| Inventory | $4M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $43M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $51M |
| Account Payables | $6M |
| Short-Term Debt | $53M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $76M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $84M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $100M |
| Retained Earnings | -$132M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$32M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$32M |
| TOTAL LIABILITIES & EQUITY | $51M |
| Total Debt | $60M |
| Net Debt | $52M |
