| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $41M | — | $37M | — | 12.1% |
| Op. Income | -$100M | — | -$55M | — | -80.3% |
| Gross Margin | 79.9% | — | 77.9% | — | 2.0pp |
| Net Margin | -247.0% | — | -158.1% | — | -88.8pp |
| EPS (Diluted) | $-2.74 | — | $-2.03 | — | -35.0% |
| Free Cash Flow | -$67M | — | -$50M | — | -33.6% |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $33M |
| R&D Expenses | $50M |
| Selling & Marketing | $26M |
| General & Administrative | $35M |
| SG&A Expenses | $60M |
| Other Expenses | $23M |
| Operating Expenses | $133M |
| Cost & Expenses | $141M |
| OPERATING INCOME | -$100M |
| Interest Income | $2M |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$102M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$102M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$102M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$102M |
| D&A | $2M |
| EBIT | -$99M |
| EBITDA | -$97M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$102M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $24M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$65M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$558.0K |
| Purchases of Investments | -$139M |
| Sales/Maturities of Investments | $124M |
| Other Investing Activities | $558.0K |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | -$295.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$690.0K |
| FREE CASH FLOW | -$67M |
| Net Change in Cash | -$83M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $96M |
| Short-Term Investments | $49M |
| Net Receivables | $16M |
| Inventory | $3M |
| Other Current Assets | $782.0K |
| TOTAL CURRENT ASSETS | $173M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $150.0K |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $180M |
| Account Payables | $6M |
| Short-Term Debt | $10M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $35M |
| Long-Term Debt | $29M |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $600.0K |
| TOTAL NON-CURRENT LIABILITIES | $49M |
| TOTAL LIABILITIES | $84M |
| Common Stock | $34.0K |
| Additional Paid-In Capital | $767M |
| Retained Earnings | -$671M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $786.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $96M |
| Minority Interest | $0 |
| TOTAL EQUITY | $96M |
| TOTAL LIABILITIES & EQUITY | $180M |
| Total Debt | $46M |
| Net Debt | -$49M |
