| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $45M | — | $49M | — | -8.3% |
| Op. Income | -$24M | — | -$14M | — | -63.1% |
| Gross Margin | 65.4% | — | 69.3% | — | -3.8pp |
| Net Margin | -52.1% | — | -31.3% | — | -20.8pp |
| EPS (Diluted) | $-0.67 | — | $-0.44 | — | -52.3% |
| Free Cash Flow | -$21M | — | -$11M | — | -90.6% |
| Item | Amount |
|---|---|
| REVENUE | $45M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $29M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $48M |
| SG&A Expenses | $48M |
| Other Expenses | $0 |
| Operating Expenses | $53M |
| Cost & Expenses | $68M |
| OPERATING INCOME | -$24M |
| Interest Income | $157.0K |
| Interest Expense | $15.0K |
| Other Income/Expenses | $651.0K |
| INCOME BEFORE TAX | -$23M |
| Income Tax Expense | $367.0K |
| Net Income from Continuing Ops | -$23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$23M |
| D&A | $890.0K |
| EBIT | -$23M |
| EBITDA | -$22M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$23M |
| Depreciation & Amortization | $890.0K |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $628.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$20M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$148.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $217.0K |
| FREE CASH FLOW | -$21M |
| Net Change in Cash | -$21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $18M |
| Inventory | $12M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $43M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $52M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $853.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $181.0K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $14M |
| Common Stock | $35.0K |
| Additional Paid-In Capital | $73M |
| Retained Earnings | -$36M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $38M |
| Minority Interest | $211.0K |
| TOTAL EQUITY | $38M |
| TOTAL LIABILITIES & EQUITY | $52M |
| Total Debt | $796.0K |
| Net Debt | -$9M |
