| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $44M | — | $34M | — | 30.6% |
| Op. Income | -$27M | — | -$18M | — | -50.4% |
| Gross Margin | 88.5% | — | 89.2% | — | -0.8pp |
| Net Margin | -53.3% | — | -56.3% | — | 3.0pp |
| EPS (Diluted) | $-0.19 | — | $-0.22 | — | 13.6% |
| Free Cash Flow | -$33M | — | -$15M | — | -129.2% |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $39M |
| R&D Expenses | $20M |
| Selling & Marketing | $19M |
| General & Administrative | $26M |
| SG&A Expenses | $44M |
| Other Expenses | $3M |
| Operating Expenses | $67M |
| Cost & Expenses | $72M |
| OPERATING INCOME | -$27M |
| Interest Income | $4M |
| Interest Expense | $126.9K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$24M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$24M |
| D&A | $3M |
| EBIT | -$27M |
| EBITDA | -$25M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$24M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$15M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$291M |
| Sales/Maturities of Investments | $285M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$33M |
| Net Change in Cash | -$37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $216M |
| Net Receivables | $11M |
| Inventory | $9M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $252M |
| PP&E (Net) | $34M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $809.0K |
| TOTAL NON-CURRENT ASSETS | $34M |
| TOTAL ASSETS | $287M |
| Account Payables | $292.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $17M |
| TOTAL LIABILITIES | $33M |
| Common Stock | $1M |
| Additional Paid-In Capital | $391M |
| Retained Earnings | -$138M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $254M |
| Minority Interest | $0 |
| TOTAL EQUITY | $254M |
| TOTAL LIABILITIES & EQUITY | $287M |
| Total Debt | $16M |
| Net Debt | $5M |
