| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | — | $18M | — | 26.7% |
| Op. Income | -$192M | — | -$26M | — | -651.1% |
| Gross Margin | 29.7% | — | -9.4% | — | 39.1pp |
| Net Margin | -862.0% | — | 79.0% | — | -941.0pp |
| EPS (Diluted) | $-11.02 | — | $0.95 | — | -1263.4% |
| Free Cash Flow | -$43M | — | -$143M | — | 70.1% |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $7M |
| R&D Expenses | $30M |
| Selling & Marketing | $44.0K |
| General & Administrative | $51M |
| SG&A Expenses | $51M |
| Other Expenses | $118M |
| Operating Expenses | $199M |
| Cost & Expenses | $215M |
| OPERATING INCOME | -$192M |
| Interest Income | $320.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$196M |
| Income Tax Expense | $10.0K |
| Net Income from Continuing Ops | -$196M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$196M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$196M |
| D&A | $9M |
| EBIT | -$193M |
| EBITDA | -$184M |
| EPS | -$11 |
| EPS Diluted | -$11 |
| Item | Amount |
|---|---|
| Net Income | -$196M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $138M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$39M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $11M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | $24M |
| FREE CASH FLOW | -$43M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $227.0K |
| Short-Term Investments | $0 |
| Net Receivables | $12M |
| Inventory | $6M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $20M |
| PP&E (Net) | $79M |
| Goodwill | $7M |
| Intangible Assets | $11M |
| Long-Term Investments | $10M |
| Tax Assets | -$10M |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $124M |
| TOTAL ASSETS | $144M |
| Account Payables | $14M |
| Short-Term Debt | $39M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $67M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $9.0K |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $36M |
| TOTAL LIABILITIES | $103M |
| Common Stock | $19.0K |
| Additional Paid-In Capital | $883M |
| Retained Earnings | -$842M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $41M |
| Minority Interest | $0 |
| TOTAL EQUITY | $41M |
| TOTAL LIABILITIES & EQUITY | $144M |
| Total Debt | $65M |
| Net Debt | $65M |
