| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $149M | — | $100M | — | 49.1% |
| Op. Income | -$65M | — | -$44M | — | -47.1% |
| Gross Margin | 60.4% | — | 56.3% | — | 4.1pp |
| Net Margin | -50.1% | — | -47.0% | — | -3.1pp |
| EPS (Diluted) | $-1.33 | — | $-0.94 | — | -41.5% |
| Free Cash Flow | -$88M | — | -$34M | — | -155.7% |
| Item | Amount |
|---|---|
| REVENUE | $149M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $90M |
| R&D Expenses | $7M |
| Selling & Marketing | $12M |
| General & Administrative | $130M |
| SG&A Expenses | $142M |
| Other Expenses | $7M |
| Operating Expenses | $155M |
| Cost & Expenses | $214M |
| OPERATING INCOME | -$65M |
| Interest Income | $119.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | -$74M |
| Income Tax Expense | $95.0K |
| Net Income from Continuing Ops | -$74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$74M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$74M |
| D&A | $4M |
| EBIT | -$58M |
| EBITDA | -$54M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$74M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$18.0K |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$34M |
| OPERATING CASH FLOW | -$85M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | -$88M |
| Net Change in Cash | -$92M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $54M |
| Short-Term Investments | $0 |
| Net Receivables | $22M |
| Inventory | $19M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $101M |
| PP&E (Net) | $5M |
| Goodwill | $21M |
| Intangible Assets | $49M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $77M |
| TOTAL ASSETS | $178M |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $9M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $47M |
| Long-Term Debt | $72M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $22.0K |
| Other Non-Current Liabilities | $40M |
| TOTAL NON-CURRENT LIABILITIES | $113M |
| TOTAL LIABILITIES | $159M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $516M |
| Retained Earnings | -$497M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$337.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18M |
| Minority Interest | $0 |
| TOTAL EQUITY | $18M |
| TOTAL LIABILITIES & EQUITY | $178M |
| Total Debt | $74M |
| Net Debt | $21M |
