| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $86M | — | $73M | — | 18.5% |
| Op. Income | -$6M | — | -$38M | — | 85.5% |
| Gross Margin | 12.1% | — | -38.3% | — | 50.4pp |
| Net Margin | -7.5% | — | -49.1% | — | 41.7pp |
| EPS (Diluted) | $-0.05 | — | $-1.97 | — | 97.3% |
| Free Cash Flow | -$16M | — | -$20M | — | 20.9% |
| Item | Amount |
|---|---|
| REVENUE | $86M |
| Cost of Revenue | $76M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $1M |
| Operating Expenses | $16M |
| Cost & Expenses | $91M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $836.0K |
| Other Income/Expenses | -$921.0K |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | -$23.0K |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $44M |
| EBIT | -$6M |
| EBITDA | $39M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $624.0K |
| Deferred Income Tax | -$7.0K |
| Other Non-Cash Items | $946.0K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $784.0K |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$16M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $41M |
| PP&E (Net) | $26M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $7.0K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $26M |
| TOTAL ASSETS | $67M |
| Account Payables | $7M |
| Short-Term Debt | $16M |
| Deferred Revenue | $40M |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $95M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $29M |
| TOTAL LIABILITIES | $125M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $15M |
| Retained Earnings | -$73M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$58M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$58M |
| TOTAL LIABILITIES & EQUITY | $67M |
| Total Debt | $26M |
| Net Debt | $0 |
