| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $34M | — | $23M | — | 48.5% |
| Op. Income | -$7M | — | -$5M | — | -37.0% |
| Gross Margin | 6.8% | — | 12.3% | — | -5.5pp |
| Net Margin | -22.1% | — | -21.6% | — | -0.6pp |
| EPS (Diluted) | $-0.17 | — | $-0.12 | — | -41.7% |
| Free Cash Flow | -$9M | — | -$6M | — | -47.9% |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $2M |
| R&D Expenses | $797.5K |
| Selling & Marketing | $430.3K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $63.1K |
| Operating Expenses | $9M |
| Cost & Expenses | $41M |
| OPERATING INCOME | -$7M |
| Interest Income | $52.0K |
| Interest Expense | $566.1K |
| Other Income/Expenses | -$872.8K |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $63.1K |
| EBIT | -$7M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $63.1K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $112.6K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$74.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$74.8K |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $60.0K |
| NET CASH FROM FINANCING | $17M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $17M |
| PP&E (Net) | $208.2K |
| Goodwill | $0 |
| Intangible Assets | $73.1K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $281.3K |
| TOTAL ASSETS | $18M |
| Account Payables | $27.4K |
| Short-Term Debt | $730.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $60.0K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $5M |
| Common Stock | $4.9K |
| Additional Paid-In Capital | $38M |
| Retained Earnings | -$25M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$391.7K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13M |
| Minority Interest | $11.3K |
| TOTAL EQUITY | $13M |
| TOTAL LIABILITIES & EQUITY | $18M |
| Total Debt | $3M |
| Net Debt | -$6M |
