| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $97M | — | $52M | — | 87.6% |
| Op. Income | -$13M | — | -$22M | — | 41.1% |
| Gross Margin | 1.8% | — | -13.1% | — | 14.8pp |
| Net Margin | -12.5% | — | -36.1% | — | 23.6pp |
| EPS (Diluted) | $-0.45 | — | $-0.75 | — | 40.0% |
| Free Cash Flow | -$3M | — | -$5M | — | 38.1% |
| Item | Amount |
|---|---|
| REVENUE | $97M |
| Cost of Revenue | $95M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $110M |
| OPERATING INCOME | -$13M |
| Interest Income | $576.0K |
| Interest Expense | $103.0K |
| Other Income/Expenses | $827.0K |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | -$96.0K |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $8M |
| EBIT | -$12M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$121.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $814.0K |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $217.0K |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $265.0K |
| Net Receivables | $13M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $33M |
| PP&E (Net) | $20M |
| Goodwill | $0 |
| Intangible Assets | $377.0K |
| Long-Term Investments | $0 |
| Tax Assets | $673.0K |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $25M |
| TOTAL ASSETS | $58M |
| Account Payables | $4M |
| Short-Term Debt | $910.0K |
| Deferred Revenue | $12M |
| Other Current Liabilities | $709.0K |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | -$15.0K |
| Deferred Tax Liabilities | $688.0K |
| Other Non-Current Liabilities | $15.0K |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $27M |
| Common Stock | $308.0K |
| Additional Paid-In Capital | $157M |
| Retained Earnings | -$124M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $31M |
| Minority Interest | $0 |
| TOTAL EQUITY | $31M |
| TOTAL LIABILITIES & EQUITY | $58M |
| Total Debt | $6M |
| Net Debt | -$10M |
