| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $73M | — | $63M | — | 17.3% |
| Op. Income | -$193M | — | -$193M | — | -0.2% |
| Gross Margin | 53.8% | — | 27.3% | — | 26.5pp |
| Net Margin | -229.9% | — | -51.8% | — | -178.1pp |
| EPS (Diluted) | $-0.84 | — | $-0.19 | — | -342.1% |
| Free Cash Flow | -$187M | — | -$197M | — | 4.9% |
| Item | Amount |
|---|---|
| REVENUE | $73M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $39M |
| R&D Expenses | $88M |
| Selling & Marketing | $59M |
| General & Administrative | $85M |
| SG&A Expenses | $144M |
| Other Expenses | $0 |
| Operating Expenses | $232M |
| Cost & Expenses | $266M |
| OPERATING INCOME | -$193M |
| Interest Income | $3M |
| Interest Expense | $2.0K |
| Other Income/Expenses | $24M |
| INCOME BEFORE TAX | -$169M |
| Income Tax Expense | $42.0K |
| Net Income from Continuing Ops | -$169M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$169M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$169M |
| D&A | $6M |
| EBIT | -$169M |
| EBITDA | -$163M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$169M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $43M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$19M |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | -$169M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$76M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $57.0K |
| NET CASH FROM INVESTING | -$94M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$187M |
| Net Change in Cash | -$260M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $163M |
| Short-Term Investments | $75M |
| Net Receivables | $15M |
| Inventory | $60M |
| Other Current Assets | $35M |
| TOTAL CURRENT ASSETS | $357M |
| PP&E (Net) | $53M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $4M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $60M |
| TOTAL ASSETS | $418M |
| Account Payables | $7M |
| Short-Term Debt | $2M |
| Deferred Revenue | $16M |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $51M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $41M |
| TOTAL LIABILITIES | $92M |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $921M |
| Retained Earnings | -$596M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $325M |
| Minority Interest | $0 |
| TOTAL EQUITY | $325M |
| TOTAL LIABILITIES & EQUITY | $418M |
| Total Debt | $32M |
| Net Debt | -$131M |
