| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | — | $9M | — | 61.5% |
| Op. Income | -$8M | — | -$13M | — | 40.5% |
| Gross Margin | 39.6% | — | 26.7% | — | 12.9pp |
| Net Margin | -38.5% | — | -129.7% | — | 91.1pp |
| EPS (Diluted) | $-4.51 | — | $-10.73 | — | 58.0% |
| Free Cash Flow | -$4M | — | -$8M | — | 53.9% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $6M |
| R&D Expenses | $3M |
| Selling & Marketing | $100.0K |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | -$3M |
| Operating Expenses | $14M |
| Cost & Expenses | $23M |
| OPERATING INCOME | -$8M |
| Interest Income | $0 |
| Interest Expense | $18.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $1M |
| EBIT | -$8M |
| EBITDA | -$6M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $606.0K |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$126.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$126.0K |
| Net Debt Issuance | -$503.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $384.0K |
| Other Current Assets | $195.0K |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $13M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $76.0K |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $18M |
| Account Payables | $622.0K |
| Short-Term Debt | $235.0K |
| Deferred Revenue | $110.0K |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $106.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $531.0K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $113M |
| Retained Earnings | -$98M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14M |
| Minority Interest | $0 |
| TOTAL EQUITY | $14M |
| TOTAL LIABILITIES & EQUITY | $18M |
| Total Debt | $1M |
| Net Debt | -$386.0K |
