| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | — | $5M | — | 190.4% |
| Op. Income | -$67M | — | -$61M | — | -9.6% |
| Gross Margin | 140.1% | — | 100.0% | — | 40.1pp |
| Net Margin | -445.6% | — | -1183.5% | — | 737.9pp |
| EPS (Diluted) | $-1.53 | — | $-1.48 | — | -3.1% |
| Free Cash Flow | -$53M | — | -$56M | — | 5.6% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $20M |
| R&D Expenses | $71M |
| Selling & Marketing | $3M |
| General & Administrative | $15M |
| SG&A Expenses | $18M |
| Other Expenses | -$2M |
| Operating Expenses | $87M |
| Cost & Expenses | $88M |
| OPERATING INCOME | -$67M |
| Interest Income | $456.0K |
| Interest Expense | $826.6K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$63M |
| Income Tax Expense | -$23.4K |
| Net Income from Continuing Ops | -$63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$63M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$63M |
| D&A | $1M |
| EBIT | -$67M |
| EBITDA | -$66M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$63M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | -$53M |
| Capital Expenditure | -$655.9K |
| Acquisitions (Net) | $47.9K |
| Purchases of Investments | -$1.2K |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | $1.2K |
| NET CASH FROM INVESTING | $10M |
| Net Debt Issuance | $33M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $44M |
| FREE CASH FLOW | -$53M |
| Net Change in Cash | $214.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $101M |
| Short-Term Investments | $1M |
| Net Receivables | $326.2K |
| Inventory | $436.1K |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $124M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $664.1K |
| Long-Term Investments | $818.4K |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $136M |
| Account Payables | $23M |
| Short-Term Debt | $5M |
| Deferred Revenue | $7.0K |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $36M |
| Long-Term Debt | $30M |
| Deferred Revenue NC | $64.3K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $47M |
| TOTAL LIABILITIES | $82M |
| Common Stock | $492.2K |
| Additional Paid-In Capital | $203M |
| Retained Earnings | -$63M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$87M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $53M |
| Minority Interest | $0 |
| TOTAL EQUITY | $53M |
| TOTAL LIABILITIES & EQUITY | $136M |
| Total Debt | $40M |
| Net Debt | -$61M |
