| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $35M | — | $40M | — | -13.5% |
| Op. Income | -$32M | — | -$23M | — | -38.6% |
| Gross Margin | 59.8% | — | 72.5% | — | -12.7pp |
| Net Margin | -94.6% | — | -61.2% | — | -33.4pp |
| EPS (Diluted) | $-0.75 | — | $-0.57 | — | -31.6% |
| Free Cash Flow | -$35M | — | -$18M | — | -89.7% |
| Item | Amount |
|---|---|
| REVENUE | $35M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $21M |
| R&D Expenses | $15M |
| Selling & Marketing | $582.0K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $34M |
| Operating Expenses | $52M |
| Cost & Expenses | $66M |
| OPERATING INCOME | -$32M |
| Interest Income | $133.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$34M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$33M |
| D&A | $882.6K |
| EBIT | -$31M |
| EBITDA | -$30M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$33M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$28M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$35M |
| Net Change in Cash | -$30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $3M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $34M |
| PP&E (Net) | $23M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $29M |
| TOTAL ASSETS | $63M |
| Account Payables | $2M |
| Short-Term Debt | $108.9K |
| Deferred Revenue | $2M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $18M |
| TOTAL LIABILITIES | $28M |
| Common Stock | $43.6K |
| Additional Paid-In Capital | $287M |
| Retained Earnings | -$254M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $35M |
| Minority Interest | $0 |
| TOTAL EQUITY | $35M |
| TOTAL LIABILITIES & EQUITY | $63M |
| Total Debt | $18M |
| Net Debt | -$4M |
