| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $35M | — | $30M | — | 15.4% |
| Op. Income | -$48M | — | -$62M | — | 22.0% |
| Gross Margin | 57.9% | — | 50.7% | — | 7.1pp |
| Net Margin | -131.9% | — | -198.0% | — | 66.2pp |
| EPS (Diluted) | $-2.26 | — | $-3.12 | — | 27.6% |
| Free Cash Flow | -$23M | — | -$46M | — | 50.4% |
| Item | Amount |
|---|---|
| REVENUE | $35M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $20M |
| R&D Expenses | $27M |
| Selling & Marketing | $22M |
| General & Administrative | $18M |
| SG&A Expenses | $40M |
| Other Expenses | $1M |
| Operating Expenses | $68M |
| Cost & Expenses | $83M |
| OPERATING INCOME | -$48M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$46M |
| Income Tax Expense | $204.0K |
| Net Income from Continuing Ops | -$46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$46M |
| D&A | $8M |
| EBIT | -$47M |
| EBITDA | -$39M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$46M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $270.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$22M |
| Capital Expenditure | -$740.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $28M |
| Other Investing Activities | -$426.0K |
| NET CASH FROM INVESTING | $13M |
| Net Debt Issuance | -$36.0K |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$23M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $6M |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $37M |
| PP&E (Net) | $6M |
| Goodwill | $9M |
| Intangible Assets | $28M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $786.0K |
| TOTAL NON-CURRENT ASSETS | $43M |
| TOTAL ASSETS | $81M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $6M |
| Other Current Liabilities | $582.0K |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $106.0K |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $19M |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $376M |
| Retained Earnings | -$312M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $62M |
| Minority Interest | $0 |
| TOTAL EQUITY | $62M |
| TOTAL LIABILITIES & EQUITY | $81M |
| Total Debt | $6M |
| Net Debt | -$15M |
