| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $90M | — | $101M | — | -11.3% |
| Op. Income | -$28M | — | -$20M | — | -34.9% |
| Gross Margin | -9.2% | — | -7.4% | — | -1.7pp |
| Net Margin | -28.8% | — | -10.5% | — | -18.3pp |
| EPS (Diluted) | $-2.12 | — | $-1.00 | — | -112.0% |
| Free Cash Flow | -$13M | — | -$40M | — | 66.9% |
| Item | Amount |
|---|---|
| REVENUE | $90M |
| Cost of Revenue | $98M |
| GROSS PROFIT | -$8M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $19M |
| Operating Expenses | $19M |
| Cost & Expenses | $118M |
| OPERATING INCOME | -$28M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$28M |
| Income Tax Expense | -$353.0K |
| Net Income from Continuing Ops | -$27M |
| Net Income from Discontinued Ops | $1M |
| Other Adjustments | $0 |
| NET INCOME | -$26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$26M |
| D&A | $545.0K |
| EBIT | -$24M |
| EBITDA | -$24M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$26M |
| Depreciation & Amortization | $545.0K |
| Stock-Based Compensation | $190.0K |
| Deferred Income Tax | $328.0K |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | -$13M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | -$934.0K |
| Purchases of Investments | -$235M |
| Sales/Maturities of Investments | $233M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$272.0K |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | -$3.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $143M |
| Net Receivables | $29M |
| Inventory | $0 |
| Other Current Assets | -$122M |
| TOTAL CURRENT ASSETS | $90M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $145M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $145M |
| TOTAL ASSETS | $312M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $86M |
| TOTAL CURRENT LIABILITIES | $92M |
| Long-Term Debt | $25M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $82M |
| TOTAL NON-CURRENT LIABILITIES | $107M |
| TOTAL LIABILITIES | $309M |
| Common Stock | $98M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$87M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $312M |
| Total Debt | $25M |
| Net Debt | $14M |
