| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | — | $15M | — | 54.3% |
| Op. Income | -$9M | — | -$15M | — | 41.5% |
| Gross Margin | 5.9% | — | -12.9% | — | 18.8pp |
| Net Margin | -45.1% | — | -116.4% | — | 71.3pp |
| EPS (Diluted) | $-6.98 | — | $-13.26 | — | 47.4% |
| Free Cash Flow | -$7M | — | -$15M | — | 55.3% |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $1M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $1M |
| Operating Expenses | $10M |
| Cost & Expenses | $32M |
| OPERATING INCOME | -$9M |
| Interest Income | $34.3K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $1M |
| EBIT | -$9M |
| EBITDA | -$7M |
| EPS | -$7 |
| EPS Diluted | -$7 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$980.9K |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $40.6K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$25.3K |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $227.0K |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $134.1K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $49.1K |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $6M |
| Account Payables | $845.3K |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $353.5K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $638.6K |
| TOTAL LIABILITIES | $8M |
| Common Stock | $477 |
| Additional Paid-In Capital | $43M |
| Retained Earnings | -$45M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$2M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$2M |
| TOTAL LIABILITIES & EQUITY | $6M |
| Total Debt | $7M |
| Net Debt | $6M |
