| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | — | $377.0K | — | 544.0% |
| Op. Income | -$48M | — | -$56M | — | 13.7% |
| Gross Margin | -249.2% | — | -858.6% | — | 609.4pp |
| Net Margin | -2169.1% | — | -14899.5% | — | 12730.4pp |
| EPS (Diluted) | $-1.26 | — | $-1.55 | — | 18.7% |
| Free Cash Flow | -$33M | — | -$31M | — | -8.0% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $8M |
| GROSS PROFIT | -$6M |
| R&D Expenses | $7M |
| Selling & Marketing | $16M |
| General & Administrative | $19M |
| SG&A Expenses | $36M |
| Other Expenses | -$478.0K |
| Operating Expenses | $42M |
| Cost & Expenses | $51M |
| OPERATING INCOME | -$48M |
| Interest Income | $424.0K |
| Interest Expense | $416.0K |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$53M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$53M |
| D&A | $2M |
| EBIT | -$52M |
| EBITDA | -$50M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$53M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | -$33M |
| Capital Expenditure | -$221.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$221.0K |
| Net Debt Issuance | $10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $551.0K |
| NET CASH FROM FINANCING | $29M |
| FREE CASH FLOW | -$33M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19M |
| Short-Term Investments | $0 |
| Net Receivables | $45.0K |
| Inventory | $278.0K |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $22M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $27M |
| Account Payables | $1M |
| Short-Term Debt | $14M |
| Deferred Revenue | $936.0K |
| Other Current Liabilities | $791.0K |
| TOTAL CURRENT LIABILITIES | $29M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $199.0K |
| TOTAL LIABILITIES | $30M |
| Common Stock | $42.0K |
| Additional Paid-In Capital | $130M |
| Retained Earnings | -$151M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$2M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$2M |
| TOTAL LIABILITIES & EQUITY | $27M |
| Total Debt | $15M |
| Net Debt | -$4M |
