| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $169M | — | $165M | — | 2.3% |
| Op. Income | -$56M | — | -$33M | — | -72.5% |
| Gross Margin | 63.3% | — | 62.2% | — | 1.1pp |
| Net Margin | -40.6% | — | -36.0% | — | -4.6pp |
| EPS (Diluted) | $-0.53 | — | $-0.95 | — | 44.2% |
| Free Cash Flow | -$53M | — | -$28M | — | -87.9% |
| Item | Amount |
|---|---|
| REVENUE | $169M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $107M |
| R&D Expenses | $57M |
| Selling & Marketing | $59M |
| General & Administrative | $45M |
| SG&A Expenses | $105M |
| Other Expenses | $1M |
| Operating Expenses | $163M |
| Cost & Expenses | $225M |
| OPERATING INCOME | -$56M |
| Interest Income | $962.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$61M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | -$68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$68M |
| D&A | $3M |
| EBIT | -$58M |
| EBITDA | -$56M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$68M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | -$47M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$60M |
| Sales/Maturities of Investments | $19M |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$50M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$529.0K |
| FREE CASH FLOW | -$53M |
| Net Change in Cash | -$99M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45M |
| Short-Term Investments | $41M |
| Net Receivables | $29M |
| Inventory | $0 |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $133M |
| PP&E (Net) | $36M |
| Goodwill | $11M |
| Intangible Assets | $1M |
| Long-Term Investments | $1M |
| Tax Assets | -$1M |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $73M |
| TOTAL ASSETS | $206M |
| Account Payables | $9M |
| Short-Term Debt | $6M |
| Deferred Revenue | $60M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $109M |
| Long-Term Debt | $30M |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $54M |
| TOTAL LIABILITIES | $163M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $440M |
| Retained Earnings | -$391M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | -$301.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $43M |
| Minority Interest | $0 |
| TOTAL EQUITY | $43M |
| TOTAL LIABILITIES & EQUITY | $206M |
| Total Debt | $59M |
| Net Debt | $14M |
