| Metric | FY 2020 | Prior Q | FY 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $987.9K | — | $893.0K | — | 10.6% |
| Op. Income | -$391.0K | — | -$460.9K | — | 15.2% |
| Gross Margin | 49.3% | — | 43.7% | — | 5.6pp |
| Net Margin | -64.8% | — | -61.4% | — | -3.4pp |
| EPS (Diluted) | $-0.09 | — | $-0.09 | — | -0.7% |
| Free Cash Flow | -$424.5K | — | -$556.5K | — | 23.7% |
| Item | Amount |
|---|---|
| REVENUE | $987.9K |
| Cost of Revenue | $500.7K |
| GROSS PROFIT | $487.2K |
| R&D Expenses | $781.4K |
| Selling & Marketing | $22.6K |
| General & Administrative | $74.2K |
| SG&A Expenses | $96.7K |
| Other Expenses | $0 |
| Operating Expenses | $878.1K |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$391.0K |
| Interest Income | $0 |
| Interest Expense | $249.4K |
| Other Income/Expenses | -$249.4K |
| INCOME BEFORE TAX | -$640.3K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$640.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$640.3K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$640.3K |
| D&A | $3.5K |
| EBIT | -$391.0K |
| EBITDA | -$387.4K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$640.3K |
| Depreciation & Amortization | $3.5K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $48.8K |
| Change in Working Capital | $169.6K |
| OPERATING CASH FLOW | -$418.5K |
| Capital Expenditure | -$6.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$27.5K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$33.5K |
| Net Debt Issuance | $455.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $455.4K |
| FREE CASH FLOW | -$424.5K |
| Net Change in Cash | $3.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20.5K |
| Short-Term Investments | $0 |
| Net Receivables | $130.3K |
| Inventory | $251.1K |
| Other Current Assets | $14.0K |
| TOTAL CURRENT ASSETS | $415.9K |
| PP&E (Net) | $13.6K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $19.8K |
| Tax Assets | $0 |
| Other Non-Current Assets | $115.2K |
| TOTAL NON-CURRENT ASSETS | $148.6K |
| TOTAL ASSETS | $564.5K |
| Account Payables | $249.8K |
| Short-Term Debt | $592.1K |
| Deferred Revenue | $76.3K |
| Other Current Liabilities | $33.4K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $217.5K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $3M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1M |
| Retained Earnings | -$4M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$3M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$3M |
| TOTAL LIABILITIES & EQUITY | $564.5K |
| Total Debt | $2M |
| Net Debt | $2M |
