| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | — | $5M | — | 130.5% |
| Op. Income | -$10M | — | -$11M | — | 6.1% |
| Gross Margin | 44.5% | — | 22.2% | — | 22.3pp |
| Net Margin | -99.1% | — | -204.4% | — | 105.2pp |
| EPS (Diluted) | $-0.93 | — | $-0.70 | — | -32.9% |
| Free Cash Flow | -$10M | — | -$10M | — | 4.8% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $6M |
| R&D Expenses | $3M |
| Selling & Marketing | $6M |
| General & Administrative | $6M |
| SG&A Expenses | $12M |
| Other Expenses | $154.0K |
| Operating Expenses | $16M |
| Cost & Expenses | $23M |
| OPERATING INCOME | -$10M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $840.0K |
| EBIT | -$11M |
| EBITDA | -$10M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $840.0K |
| Stock-Based Compensation | $563.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $755.0K |
| OPERATING CASH FLOW | -$9M |
| 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 | $13M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$131.2K |
| NET CASH FROM FINANCING | $14M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $968.0K |
| Inventory | $2M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $9M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $179.0K |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $15M |
| Account Payables | $2M |
| Short-Term Debt | $21M |
| Deferred Revenue | $836.0K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $26M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $30M |
| Common Stock | $69M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$84M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$15M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$15M |
| TOTAL LIABILITIES & EQUITY | $15M |
| Total Debt | $22M |
| Net Debt | $17M |
