| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $100M | — | $117M | — | -14.9% |
| Op. Income | -$2M | — | -$38M | — | 94.2% |
| Gross Margin | 33.0% | — | 20.5% | — | 12.4pp |
| Net Margin | -10.1% | — | -37.5% | — | 27.5pp |
| EPS (Diluted) | $-1.23 | — | $-5.55 | — | 77.8% |
| Free Cash Flow | -$6M | — | -$13M | — | 51.4% |
| Item | Amount |
|---|---|
| REVENUE | $100M |
| Cost of Revenue | $67M |
| GROSS PROFIT | $33M |
| R&D Expenses | $5M |
| Selling & Marketing | $8M |
| General & Administrative | $16M |
| SG&A Expenses | $24M |
| Other Expenses | $6M |
| Operating Expenses | $35M |
| Cost & Expenses | $102M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $65.0K |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $8M |
| EBIT | -$3M |
| EBITDA | $5M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$6.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$426.0K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $14M |
| Inventory | $3M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $28M |
| PP&E (Net) | $3M |
| Goodwill | $23M |
| Intangible Assets | $11M |
| Long-Term Investments | -$332.0K |
| Tax Assets | $332.0K |
| Other Non-Current Assets | $377.0K |
| TOTAL NON-CURRENT ASSETS | $38M |
| TOTAL ASSETS | $66M |
| Account Payables | $11M |
| Short-Term Debt | $5M |
| Deferred Revenue | $992.0K |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $44M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $332.0K |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $18M |
| TOTAL LIABILITIES | $62M |
| Common Stock | $90.0K |
| Additional Paid-In Capital | $209M |
| Retained Earnings | -$224M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $66M |
| Total Debt | $12M |
| Net Debt | $4M |
