| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | — | $6M | — | -15.9% |
| Op. Income | -$97M | — | -$99M | — | 2.0% |
| Gross Margin | -322.9% | — | -62.5% | — | -260.4pp |
| Net Margin | -2006.3% | — | -1713.5% | — | -292.7pp |
| EPS (Diluted) | $-6.20 | — | $-8.90 | — | 30.3% |
| Free Cash Flow | -$56M | — | -$109M | — | 48.3% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $20M |
| GROSS PROFIT | -$15M |
| R&D Expenses | $76M |
| Selling & Marketing | $2M |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $8M |
| Operating Expenses | $101M |
| Cost & Expenses | $101M |
| OPERATING INCOME | -$97M |
| Interest Income | $406.3K |
| Interest Expense | $427.0K |
| Other Income/Expenses | $427.0K |
| INCOME BEFORE TAX | -$96M |
| Income Tax Expense | $70.0K |
| Net Income from Continuing Ops | -$96M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$96M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$96M |
| D&A | $20M |
| EBIT | -$97M |
| EBITDA | -$77M |
| EPS | -$6 |
| EPS Diluted | -$6 |
| Item | Amount |
|---|---|
| Net Income | -$96M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $66.0K |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | -$56M |
| Capital Expenditure | -$754.0K |
| Acquisitions (Net) | $7.6K |
| Purchases of Investments | -$123.0K |
| Sales/Maturities of Investments | $770.0K |
| Other Investing Activities | -$611 |
| NET CASH FROM INVESTING | -$100.0K |
| Net Debt Issuance | -$474.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$20.0K |
| NET CASH FROM FINANCING | $194M |
| FREE CASH FLOW | -$56M |
| Net Change in Cash | $132M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $209M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $3M |
| Other Current Assets | $1.0K |
| TOTAL CURRENT ASSETS | $223M |
| PP&E (Net) | $18M |
| Goodwill | $661 |
| Intangible Assets | $9.3K |
| Long-Term Investments | $2M |
| Tax Assets | -$2M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $23M |
| TOTAL ASSETS | $247M |
| Account Payables | $14M |
| Short-Term Debt | $1M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $30M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $23M |
| TOTAL LIABILITIES | $52M |
| Common Stock | $11M |
| Additional Paid-In Capital | $458M |
| Retained Earnings | -$260M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $194M |
| Minority Interest | $0 |
| TOTAL EQUITY | $194M |
| TOTAL LIABILITIES & EQUITY | $247M |
| Total Debt | $4M |
| Net Debt | -$205M |
