| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $48M | — | $50M | — | -5.4% |
| Op. Income | -$3M | — | -$25M | — | 88.5% |
| Gross Margin | 71.5% | — | 67.1% | — | 4.5pp |
| Net Margin | -27.4% | — | -240.3% | — | 212.9pp |
| EPS (Diluted) | $-0.53 | — | $-4.76 | — | 88.9% |
| Free Cash Flow | -$9M | — | -$20M | — | 54.2% |
| Item | Amount |
|---|---|
| REVENUE | $48M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $34M |
| R&D Expenses | $8M |
| Selling & Marketing | $2M |
| General & Administrative | $12M |
| SG&A Expenses | $15M |
| Other Expenses | $14M |
| Operating Expenses | $37M |
| Cost & Expenses | $50M |
| OPERATING INCOME | -$3M |
| Interest Income | -$3M |
| Interest Expense | $5M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | -$292.3K |
| Net Income from Continuing Ops | -$13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $7M |
| EBIT | -$8M |
| EBITDA | -$2M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$292.3K |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $244.1K |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $190.7K |
| Common Stock Repurchased | -$819.9K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$629.2K |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $19M |
| Net Receivables | $54M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $87M |
| PP&E (Net) | $874.0K |
| Goodwill | $28M |
| Intangible Assets | $27M |
| Long-Term Investments | $9M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $65M |
| TOTAL ASSETS | $152M |
| Account Payables | $5M |
| Short-Term Debt | $36M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $54M |
| Long-Term Debt | $27M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $749.8K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $30M |
| TOTAL LIABILITIES | $83M |
| Common Stock | $285M |
| Additional Paid-In Capital | $26M |
| Retained Earnings | -$242M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $177.6K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $68M |
| Minority Interest | $0 |
| TOTAL EQUITY | $68M |
| TOTAL LIABILITIES & EQUITY | $152M |
| Total Debt | $65M |
| Net Debt | $53M |
