| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $101M | — | $116M | — | -12.5% |
| Op. Income | -$20M | — | -$2M | — | -1098.2% |
| Gross Margin | -7.4% | — | 15.2% | — | -22.7pp |
| Net Margin | -10.5% | — | -0.9% | — | -9.6pp |
| EPS (Diluted) | $-1.00 | — | $-0.11 | — | -809.1% |
| Free Cash Flow | -$40M | — | $5M | — | -855.8% |
| Item | Amount |
|---|---|
| REVENUE | $101M |
| Cost of Revenue | $109M |
| GROSS PROFIT | -$8M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | -$6M |
| Operating Expenses | $13M |
| Cost & Expenses | $122M |
| OPERATING INCOME | -$20M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $368.0K |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | -$9M |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $417.0K |
| EBIT | -$18M |
| EBITDA | -$17M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $417.0K |
| Stock-Based Compensation | $211.0K |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | -$40M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $30M |
| Purchases of Investments | -$318M |
| Sales/Maturities of Investments | $344M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $57M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$40M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $136M |
| Net Receivables | $112M |
| Inventory | $0 |
| Other Current Assets | -$293M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $137M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$137M |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $312M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$6M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $34M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$34M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $293M |
| Common Stock | $98M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$61M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19M |
| Minority Interest | $0 |
| TOTAL EQUITY | $19M |
| TOTAL LIABILITIES & EQUITY | $312M |
| Total Debt | $34M |
| Net Debt | $6M |
