| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $52M | — | $25M | — | 109.1% |
| Op. Income | -$22M | — | -$29M | — | 24.0% |
| Gross Margin | -13.1% | — | 47.9% | — | -61.0pp |
| Net Margin | -36.1% | — | -117.8% | — | 81.7pp |
| EPS (Diluted) | $-0.75 | — | $-1.23 | — | 39.0% |
| Free Cash Flow | -$5M | — | -$17M | — | 71.6% |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $58M |
| GROSS PROFIT | -$7M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $74M |
| OPERATING INCOME | -$22M |
| Interest Income | $316.0K |
| Interest Expense | $31.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | $107.0K |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$19M |
| D&A | $12M |
| EBIT | -$19M |
| EBITDA | -$7M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $116.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $340.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$963.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19M |
| Short-Term Investments | $265.0K |
| Net Receivables | $13M |
| Inventory | $0 |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $44M |
| PP&E (Net) | $24M |
| Goodwill | $0 |
| Intangible Assets | $369.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $25M |
| TOTAL ASSETS | $69M |
| Account Payables | $4M |
| Short-Term Debt | $205.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $137.0K |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $20M |
| Common Stock | $238.0K |
| Additional Paid-In Capital | $155M |
| Retained Earnings | -$112M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $6M |
| Other Equity | $1 |
| TOTAL STOCKHOLDERS' EQUITY | $49M |
| Minority Interest | $0 |
| TOTAL EQUITY | $49M |
| TOTAL LIABILITIES & EQUITY | $69M |
| Total Debt | $5M |
| Net Debt | -$14M |
