| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $27M | — | $30M | — | -8.4% |
| Op. Income | -$13M | — | -$5M | — | -153.7% |
| Gross Margin | 73.8% | — | 77.7% | — | -4.0pp |
| Net Margin | -49.1% | — | -21.8% | — | -27.3pp |
| EPS (Diluted) | $-0.43 | — | $-0.21 | — | -104.8% |
| Free Cash Flow | -$10M | — | -$1M | — | -620.8% |
| Item | Amount |
|---|---|
| REVENUE | $27M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $20M |
| R&D Expenses | $8M |
| Selling & Marketing | $18M |
| General & Administrative | $7M |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $33M |
| Cost & Expenses | $40M |
| OPERATING INCOME | -$13M |
| Interest Income | $1M |
| Interest Expense | $68.0K |
| Other Income/Expenses | -$351.0K |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | $315.0K |
| 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 | $2M |
| EBIT | -$13M |
| EBITDA | -$11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $315.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$21.0K |
| Sales/Maturities of Investments | $40M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $42M |
| Net Debt Issuance | -$533.0K |
| Common Stock Repurchased | -$52.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$962.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | $31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $48M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $4M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $58M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $276.0K |
| Other Non-Current Assets | $766.0K |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $64M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $19M |
| Common Stock | $364.0K |
| Additional Paid-In Capital | $138M |
| Retained Earnings | -$97M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $6M |
| TOTAL STOCKHOLDERS' EQUITY | $45M |
| Minority Interest | $0 |
| TOTAL EQUITY | $45M |
| TOTAL LIABILITIES & EQUITY | $64M |
| Total Debt | $488.0K |
| Net Debt | -$47M |
