| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20M | — | $28M | — | -26.4% |
| Op. Income | -$56M | — | -$57M | — | 1.1% |
| Gross Margin | 29.4% | — | 34.9% | — | -5.5pp |
| Net Margin | -292.0% | — | -224.9% | — | -67.1pp |
| EPS (Diluted) | $-1.93 | — | $-2.63 | — | 26.6% |
| Free Cash Flow | -$31M | — | -$48M | — | 36.1% |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $6M |
| R&D Expenses | $20M |
| Selling & Marketing | $24M |
| General & Administrative | $18M |
| SG&A Expenses | $42M |
| Other Expenses | $128.0K |
| Operating Expenses | $62M |
| Cost & Expenses | $76M |
| OPERATING INCOME | -$56M |
| Interest Income | $2M |
| Interest Expense | $645.0K |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$59M |
| Income Tax Expense | $64.0K |
| Net Income from Continuing Ops | -$59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$55M |
| D&A | $5M |
| EBIT | -$59M |
| EBITDA | -$54M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$59M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $288.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$30M |
| Capital Expenditure | -$584.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$547.0K |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $18M |
| FREE CASH FLOW | -$31M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $37M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $5M |
| Other Current Assets | $292.0K |
| TOTAL CURRENT ASSETS | $47M |
| PP&E (Net) | $2M |
| Goodwill | $42M |
| Intangible Assets | $5M |
| Long-Term Investments | $6.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $143.0K |
| TOTAL NON-CURRENT ASSETS | $49M |
| TOTAL ASSETS | $96M |
| Account Payables | $1M |
| Short-Term Debt | $4M |
| Deferred Revenue | $997.0K |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $25M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $276.0K |
| TOTAL NON-CURRENT LIABILITIES | $26M |
| TOTAL LIABILITIES | $38M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $408M |
| Retained Earnings | -$349M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $58M |
| Minority Interest | $0 |
| TOTAL EQUITY | $58M |
| TOTAL LIABILITIES & EQUITY | $96M |
| Total Debt | $30M |
| Net Debt | -$7M |
