| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | — | $9M | — | 144.3% |
| Op. Income | -$20M | — | -$7M | — | -198.8% |
| Gross Margin | -7.6% | — | -10.8% | — | 3.2pp |
| Net Margin | -89.5% | — | -73.3% | — | -16.2pp |
| EPS (Diluted) | $-1.99 | — | $-0.74 | — | -168.9% |
| Free Cash Flow | -$19M | — | -$7M | — | -171.6% |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $24M |
| GROSS PROFIT | -$2M |
| R&D Expenses | $1M |
| Selling & Marketing | $200.0K |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $42M |
| OPERATING INCOME | -$20M |
| Interest Income | $37.0K |
| Interest Expense | $1.0K |
| Other Income/Expenses | $36.0K |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | $2.0K |
| Net Income from Continuing Ops | -$20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$20M |
| D&A | $1M |
| EBIT | -$20M |
| EBITDA | -$19M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$20M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$18M |
| Capital Expenditure | -$872.0K |
| Acquisitions (Net) | -$811.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$499.0K |
| NET CASH FROM FINANCING | -$342.0K |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $12M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $20M |
| PP&E (Net) | $3M |
| Goodwill | $5M |
| Intangible Assets | $10M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $62.0K |
| TOTAL NON-CURRENT ASSETS | $18M |
| TOTAL ASSETS | $38M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $266.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15.0K |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $15M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $100M |
| Retained Earnings | -$77M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23M |
| Minority Interest | $0 |
| TOTAL EQUITY | $23M |
| TOTAL LIABILITIES & EQUITY | $38M |
| Total Debt | $2M |
| Net Debt | $17.0K |
