| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30M | — | $33M | — | -11.1% |
| Op. Income | -$16M | — | -$16M | — | 3.3% |
| Gross Margin | 59.6% | — | 55.5% | — | 4.0pp |
| Net Margin | -53.8% | — | -49.0% | — | -4.8pp |
| EPS (Diluted) | $-0.65 | — | $-0.67 | — | 3.0% |
| Free Cash Flow | -$17M | — | -$15M | — | -17.5% |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $18M |
| R&D Expenses | $24M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $33M |
| Cost & Expenses | $45M |
| OPERATING INCOME | -$16M |
| Interest Income | $308.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $202.0K |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | $372.0K |
| Net Income from Continuing Ops | -$16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$16M |
| D&A | $1M |
| EBIT | -$18M |
| EBITDA | -$17M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$16M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $218.0K |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | -$316.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $402.0K |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27M |
| Short-Term Investments | $3M |
| Net Receivables | $4M |
| Inventory | $6M |
| Other Current Assets | $925.0K |
| TOTAL CURRENT ASSETS | $42M |
| PP&E (Net) | $8M |
| Goodwill | $8M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $157.0K |
| Other Non-Current Assets | $126.0K |
| TOTAL NON-CURRENT ASSETS | $18M |
| TOTAL ASSETS | $60M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12.0K |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $9M |
| Common Stock | $25.0K |
| Additional Paid-In Capital | $56M |
| Retained Earnings | -$4M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$127.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $51M |
| Minority Interest | $0 |
| TOTAL EQUITY | $51M |
| TOTAL LIABILITIES & EQUITY | $60M |
| Total Debt | $651.0K |
| Net Debt | -$27M |
