| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | — | $958.0K | — | 56.9% |
| Op. Income | -$25M | — | -$18M | — | -39.7% |
| Gross Margin | 27.5% | — | -1.9% | — | 29.4pp |
| Net Margin | -1848.4% | — | -7609.8% | — | 5761.4pp |
| EPS (Diluted) | $-3.75 | — | $-20.00 | — | 81.3% |
| Free Cash Flow | -$24M | — | -$50M | — | 52.7% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $413.0K |
| R&D Expenses | $9M |
| Selling & Marketing | $307.0K |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $3M |
| Operating Expenses | $26M |
| Cost & Expenses | $27M |
| OPERATING INCOME | -$25M |
| Interest Income | $0 |
| Interest Expense | $52.0K |
| Other Income/Expenses | $281.0K |
| INCOME BEFORE TAX | -$25M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$25M |
| Net Income from Discontinued Ops | -$3M |
| Other Adjustments | $0 |
| NET INCOME | -$28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$29M |
| D&A | $2M |
| EBIT | -$25M |
| EBITDA | -$23M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$28M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $174.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$23M |
| Capital Expenditure | -$281.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $367.0K |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$932.0K |
| Net Debt Issuance | -$117.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$427.0K |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$24M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $0 |
| Net Receivables | $484.0K |
| Inventory | $0 |
| Other Current Assets | $782.0K |
| TOTAL CURRENT ASSETS | $11M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $57M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $64M |
| TOTAL ASSETS | $75M |
| Account Payables | $953.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $45M |
| TOTAL NON-CURRENT LIABILITIES | $47M |
| TOTAL LIABILITIES | $54M |
| Common Stock | $310M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$290M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $49.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20M |
| Minority Interest | $0 |
| TOTAL EQUITY | $20M |
| TOTAL LIABILITIES & EQUITY | $75M |
| Total Debt | $3M |
| Net Debt | -$7M |
