| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | — | $23M | — | -26.3% |
| Op. Income | -$63M | — | -$47M | — | -33.8% |
| Gross Margin | -49.8% | — | -33.3% | — | -16.5pp |
| Net Margin | -354.9% | — | -316.5% | — | -38.4pp |
| EPS (Diluted) | $-1.43 | — | $-1.88 | — | 23.9% |
| Free Cash Flow | -$65M | — | -$58M | — | -12.2% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $26M |
| GROSS PROFIT | -$9M |
| R&D Expenses | $13M |
| Selling & Marketing | $15M |
| General & Administrative | $27M |
| SG&A Expenses | $42M |
| Other Expenses | $0 |
| Operating Expenses | $55M |
| Cost & Expenses | $80M |
| OPERATING INCOME | -$63M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$61M |
| Income Tax Expense | -$576.0K |
| Net Income from Continuing Ops | -$61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$61M |
| D&A | $3M |
| EBIT | -$63M |
| EBITDA | -$60M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$61M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $728.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$59M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$179M |
| Sales/Maturities of Investments | $93M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$93M |
| Net Debt Issuance | -$33.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $726.0K |
| NET CASH FROM FINANCING | $693.0K |
| FREE CASH FLOW | -$65M |
| Net Change in Cash | -$151M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27M |
| Short-Term Investments | $82M |
| Net Receivables | $5M |
| Inventory | $21M |
| Other Current Assets | $705.0K |
| TOTAL CURRENT ASSETS | $139M |
| PP&E (Net) | $21M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $30M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $52M |
| TOTAL ASSETS | $191M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $229.0K |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $26M |
| Common Stock | $421.0K |
| Additional Paid-In Capital | $541M |
| Retained Earnings | -$376M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $164M |
| Minority Interest | $0 |
| TOTAL EQUITY | $164M |
| TOTAL LIABILITIES & EQUITY | $191M |
| Total Debt | $8M |
| Net Debt | -$19M |
