| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | — | $5M | — | 20.0% |
| Op. Income | -$21M | — | -$19M | — | -13.0% |
| Gross Margin | 29.1% | — | 21.6% | — | 7.5pp |
| Net Margin | -321.0% | — | -357.6% | — | 36.6pp |
| EPS (Diluted) | $-0.82 | — | $-2.35 | — | 65.1% |
| Free Cash Flow | -$17M | — | -$16M | — | -4.6% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $2M |
| R&D Expenses | $8M |
| Selling & Marketing | $4M |
| General & Administrative | $11M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $23M |
| Cost & Expenses | $27M |
| OPERATING INCOME | -$21M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | $65.0K |
| Net Income from Continuing Ops | -$20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$20M |
| D&A | $232.0K |
| EBIT | -$21M |
| EBITDA | -$21M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$20M |
| Depreciation & Amortization | $232.0K |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$381.0K |
| Change in Working Capital | -$801.0K |
| OPERATING CASH FLOW | -$16M |
| Capital Expenditure | -$381.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$40M |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | -$67.0K |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $38M |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $29M |
| Net Receivables | $2M |
| Inventory | $2M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $44M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $951.0K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $48M |
| Account Payables | $939.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $8M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $261M |
| Retained Earnings | -$222M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $40M |
| Minority Interest | $0 |
| TOTAL EQUITY | $40M |
| TOTAL LIABILITIES & EQUITY | $48M |
| Total Debt | $2M |
| Net Debt | -$8M |
