| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | — | $475.2K | — | 1096.6% |
| Op. Income | -$39M | — | -$7M | — | -454.4% |
| Gross Margin | 33.2% | — | -50.7% | — | 83.9pp |
| Net Margin | -937.9% | — | -1468.6% | — | 530.7pp |
| EPS (Diluted) | $-2.43 | — | $-0.61 | — | -298.4% |
| Free Cash Flow | -$29M | — | -$8M | — | -285.6% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $2M |
| R&D Expenses | $5M |
| Selling & Marketing | $12M |
| General & Administrative | $15M |
| SG&A Expenses | $27M |
| Other Expenses | $9M |
| Operating Expenses | $41M |
| Cost & Expenses | $45M |
| OPERATING INCOME | -$39M |
| Interest Income | $0 |
| Interest Expense | $177.4K |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | -$53M |
| Income Tax Expense | $1.9K |
| Net Income from Continuing Ops | -$53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$53M |
| D&A | $2M |
| EBIT | -$53M |
| EBITDA | -$51M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$53M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $14M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$26M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $23M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $18M |
| NET CASH FROM FINANCING | $43M |
| FREE CASH FLOW | -$29M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $0 |
| Net Receivables | $204.9K |
| Inventory | $1M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $21M |
| PP&E (Net) | $451.4K |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $63.5K |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $25M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $225.1K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $15M |
| Common Stock | $2.8K |
| Additional Paid-In Capital | $73M |
| Retained Earnings | -$62M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10M |
| Minority Interest | $0 |
| TOTAL EQUITY | $10M |
| TOTAL LIABILITIES & EQUITY | $25M |
| Total Debt | $327.4K |
| Net Debt | -$16M |
