| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $34M | — | $49M | — | -31.2% |
| Op. Income | -$27M | — | -$98M | — | 72.0% |
| Gross Margin | 50.9% | — | 52.7% | — | -1.8pp |
| Net Margin | -76.7% | — | -189.6% | — | 112.9pp |
| EPS (Diluted) | $-3.07 | — | $-10.96 | — | 72.0% |
| Free Cash Flow | -$10M | — | -$25M | — | 61.3% |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $17M |
| R&D Expenses | $5M |
| Selling & Marketing | $10M |
| General & Administrative | $9M |
| SG&A Expenses | $19M |
| Other Expenses | $20M |
| Operating Expenses | $45M |
| Cost & Expenses | $61M |
| OPERATING INCOME | -$27M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | -$137.5K |
| INCOME BEFORE TAX | -$28M |
| Income Tax Expense | -$289.7K |
| Net Income from Continuing Ops | -$27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$26M |
| D&A | $11M |
| EBIT | -$28M |
| EBITDA | -$17M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$26M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | $88.8K |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$194.8K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $61M |
| Short-Term Investments | $21M |
| Net Receivables | $1M |
| Inventory | $21.0K |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $97M |
| PP&E (Net) | $29M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $10M |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $50M |
| TOTAL ASSETS | $148M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $15M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $49M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | -$492.3K |
| Deferred Tax Liabilities | $492.3K |
| Other Non-Current Liabilities | $492.3K |
| TOTAL NON-CURRENT LIABILITIES | $602.3K |
| TOTAL LIABILITIES | $50M |
| Common Stock | $26.4K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$1.3B |
| Treasury Stock | -$20M |
| Accum. Other Comp. Income | $13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $94M |
| Minority Interest | $5M |
| TOTAL EQUITY | $99M |
| TOTAL LIABILITIES & EQUITY | $144M |
| Total Debt | $497.8K |
| Net Debt | -$60M |
