| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $78M | — | $71M | — | 9.5% |
| Op. Income | -$52M | — | -$52M | — | 1.5% |
| Gross Margin | 34.0% | — | 48.5% | — | -14.6pp |
| Net Margin | -65.2% | — | -52.8% | — | -12.4pp |
| EPS (Diluted) | $-0.96 | — | $-0.73 | — | -31.5% |
| Free Cash Flow | -$40M | — | -$74M | — | 46.1% |
| Item | Amount |
|---|---|
| REVENUE | $78M |
| Cost of Revenue | $52M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $41M |
| General & Administrative | $37M |
| SG&A Expenses | $78M |
| Other Expenses | $0 |
| Operating Expenses | $78M |
| Cost & Expenses | $130M |
| OPERATING INCOME | -$52M |
| Interest Income | $176.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$51M |
| Income Tax Expense | $367.0K |
| Net Income from Continuing Ops | -$51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$51M |
| D&A | $40M |
| EBIT | -$52M |
| EBITDA | -$12M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$51M |
| Depreciation & Amortization | $40M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$40M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | -$40M |
| Capital Expenditure | -$130.0K |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $67M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $63M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$218.0K |
| NET CASH FROM FINANCING | -$218.0K |
| FREE CASH FLOW | -$40M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40M |
| Short-Term Investments | $15M |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $70M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $69M |
| Long-Term Investments | $11M |
| Tax Assets | $0 |
| Other Non-Current Assets | $539.0K |
| TOTAL NON-CURRENT ASSETS | $85M |
| TOTAL ASSETS | $154M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $14M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $31M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $879.0K |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $36M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $359M |
| Retained Earnings | -$241M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$40.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $118M |
| Minority Interest | $0 |
| TOTAL EQUITY | $118M |
| TOTAL LIABILITIES & EQUITY | $154M |
| Total Debt | $5M |
| Net Debt | -$35M |
