| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $45M | — | $26M | — | 74.5% |
| Op. Income | -$30M | — | -$36M | — | 16.6% |
| Gross Margin | 84.4% | — | 82.9% | — | 1.5pp |
| Net Margin | -65.1% | — | -143.4% | — | 78.2pp |
| EPS (Diluted) | $-1.26 | — | $-1.59 | — | 20.8% |
| Free Cash Flow | -$30M | — | -$33M | — | 7.3% |
| Item | Amount |
|---|---|
| REVENUE | $45M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $38M |
| R&D Expenses | $9M |
| Selling & Marketing | $39M |
| General & Administrative | $20M |
| SG&A Expenses | $59M |
| Other Expenses | $0 |
| Operating Expenses | $68M |
| Cost & Expenses | $75M |
| OPERATING INCOME | -$30M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $588.0K |
| INCOME BEFORE TAX | -$29M |
| Income Tax Expense | $11.0K |
| Net Income from Continuing Ops | -$29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$29M |
| D&A | $847.0K |
| EBIT | -$27M |
| EBITDA | -$27M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$29M |
| Depreciation & Amortization | $847.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $477.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$29M |
| Capital Expenditure | -$983.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$780.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $932.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$30M |
| Net Change in Cash | -$34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $6M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $52M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $59M |
| Account Payables | $732.0K |
| Short-Term Debt | $12M |
| Deferred Revenue | $206.0K |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $44.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $148M |
| TOTAL NON-CURRENT LIABILITIES | $150M |
| TOTAL LIABILITIES | $171M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $14M |
| Retained Earnings | -$126M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$112M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$112M |
| TOTAL LIABILITIES & EQUITY | $59M |
| Total Debt | $14M |
| Net Debt | -$20M |
