| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | — | $3M | — | 80.4% |
| Op. Income | -$55M | — | -$61M | — | 11.2% |
| Gross Margin | 100.0% | — | 100.0% | — | 0.0pp |
| Net Margin | -1194.3% | — | -1775.7% | — | 581.4pp |
| EPS (Diluted) | $-1.92 | — | $-1.58 | — | -21.5% |
| Free Cash Flow | -$43M | — | -$35M | — | -23.6% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $6M |
| R&D Expenses | $38M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $1M |
| Operating Expenses | $60M |
| Cost & Expenses | $60M |
| OPERATING INCOME | -$55M |
| Interest Income | $299.3K |
| Interest Expense | $7M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | -$67M |
| Income Tax Expense | $11.7K |
| Net Income from Continuing Ops | -$67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$67M |
| D&A | $2M |
| EBIT | -$53M |
| EBITDA | -$52M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$67M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$708.5K |
| OPERATING CASH FLOW | -$43M |
| Capital Expenditure | -$107.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $268.9K |
| NET CASH FROM INVESTING | $161.3K |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | -$43M |
| Net Change in Cash | -$50M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $48M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $3M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $61M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $1.2K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $340.2K |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $70M |
| Account Payables | $5M |
| Short-Term Debt | $4M |
| Deferred Revenue | $19M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $44M |
| Long-Term Debt | $51M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $315.7K |
| TOTAL NON-CURRENT LIABILITIES | $57M |
| TOTAL LIABILITIES | $102M |
| Common Stock | $1M |
| Additional Paid-In Capital | $299M |
| Retained Earnings | -$67M |
| Treasury Stock | -$266.6K |
| Accum. Other Comp. Income | -$265M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$32M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$32M |
| TOTAL LIABILITIES & EQUITY | $70M |
| Total Debt | $62M |
| Net Debt | $14M |
