| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $66M | — | — | — | — |
| Op. Income | -$51M | — | — | — | — |
| Gross Margin | 29.7% | — | — | — | — |
| Net Margin | -76.8% | — | — | — | — |
| EPS (Diluted) | $-5.00 | — | — | — | — |
| Free Cash Flow | -$30M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $66M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $19M |
| R&D Expenses | $44M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $71M |
| Cost & Expenses | $117M |
| OPERATING INCOME | -$51M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$50M |
| Income Tax Expense | $30.0K |
| Net Income from Continuing Ops | -$50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$50M |
| Net Income Deductions | $2M |
| BOTTOM LINE NET INCOME | -$52M |
| D&A | $8M |
| EBIT | -$51M |
| EBITDA | -$44M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$50M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $125.0K |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | -$27M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $516.0K |
| NET CASH FROM FINANCING | $32M |
| FREE CASH FLOW | -$30M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27M |
| Short-Term Investments | $0 |
| Net Receivables | $12M |
| Inventory | $21M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $64M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $40.0K |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $72M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $163.0K |
| TOTAL NON-CURRENT LIABILITIES | $382.0K |
| TOTAL LIABILITIES | $13M |
| Common Stock | $0 |
| Additional Paid-In Capital | $18M |
| Retained Earnings | -$278M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$839.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $59M |
| Minority Interest | $0 |
| TOTAL EQUITY | $59M |
| TOTAL LIABILITIES & EQUITY | $72M |
| Total Debt | $1M |
| Net Debt | -$26M |
