| Metric | FY 2021 | Prior Q | FY 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $91M | — | $51M | — | 78.5% |
| Op. Income | -$25M | — | -$20M | — | -24.2% |
| Gross Margin | 33.8% | — | 42.3% | — | -8.5pp |
| Net Margin | -27.8% | — | -49.5% | — | 21.6pp |
| EPS (Diluted) | $-0.10 | — | $-1.85 | — | 94.6% |
| Free Cash Flow | -$58M | — | -$39M | — | -46.6% |
| Item | Amount |
|---|---|
| REVENUE | $91M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $31M |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $19M |
| Other Expenses | $636.0K |
| Operating Expenses | $56M |
| Cost & Expenses | $116M |
| OPERATING INCOME | -$25M |
| Interest Income | $43.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$216.0K |
| INCOME BEFORE TAX | -$25M |
| Income Tax Expense | $25.0K |
| Net Income from Continuing Ops | -$25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$25M |
| D&A | $3M |
| EBIT | -$24M |
| EBITDA | -$22M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$37M |
| OPERATING CASH FLOW | -$53M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $354.0K |
| NET CASH FROM FINANCING | $18M |
| FREE CASH FLOW | -$58M |
| Net Change in Cash | -$39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $0 |
| Net Receivables | $21M |
| Inventory | $34M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $99M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $700.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $96.0K |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $105M |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $34.0K |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $16M |
| Common Stock | $0 |
| Additional Paid-In Capital | $9M |
| Retained Earnings | -$158M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $200.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $89M |
| Minority Interest | $0 |
| TOTAL EQUITY | $89M |
| TOTAL LIABILITIES & EQUITY | $105M |
| Total Debt | $0 |
| Net Debt | -$26M |
