| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $74M | — | $63M | — | 16.7% |
| Op. Income | -$28M | — | -$35M | — | 21.1% |
| Gross Margin | 58.2% | — | 49.2% | — | 9.0pp |
| Net Margin | -40.2% | — | -69.7% | — | 29.5pp |
| EPS (Diluted) | $-1.69 | — | $-2.54 | — | 33.5% |
| Free Cash Flow | -$34M | — | -$12M | — | -175.3% |
| Item | Amount |
|---|---|
| REVENUE | $74M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $43M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $59M |
| Other Expenses | $0 |
| Operating Expenses | $70M |
| Cost & Expenses | $101M |
| OPERATING INCOME | -$28M |
| Interest Income | $60.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$30M |
| Income Tax Expense | $63.0K |
| Net Income from Continuing Ops | -$30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$30M |
| D&A | $4M |
| EBIT | -$28M |
| EBITDA | -$23M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$30M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | -$14M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $17M |
| Common Stock Repurchased | -$371.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$214.0K |
| NET CASH FROM FINANCING | $16M |
| FREE CASH FLOW | -$34M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $0 |
| Net Receivables | $28M |
| Inventory | $14M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $78M |
| PP&E (Net) | $189.0K |
| Goodwill | $0 |
| Intangible Assets | $27M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $95.0K |
| TOTAL NON-CURRENT ASSETS | $27M |
| TOTAL ASSETS | $105M |
| Account Payables | $37M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $67M |
| Long-Term Debt | $20M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $21M |
| TOTAL LIABILITIES | $88M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $85M |
| Retained Earnings | -$69M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17M |
| Minority Interest | $0 |
| TOTAL EQUITY | $17M |
| TOTAL LIABILITIES & EQUITY | $105M |
| Total Debt | $23M |
| Net Debt | -$9M |
