| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | — | $17M | — | -37.6% |
| Op. Income | -$7M | — | -$16M | — | 54.6% |
| Gross Margin | 10.7% | — | 7.4% | — | 3.3pp |
| Net Margin | -83.1% | — | -98.0% | — | 14.9pp |
| EPS (Diluted) | $-6.72 | — | $-19.37 | — | 65.3% |
| Free Cash Flow | -$7M | — | -$5M | — | -37.4% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $1M |
| R&D Expenses | $476.0K |
| Selling & Marketing | $1M |
| General & Administrative | $6M |
| SG&A Expenses | $7M |
| Other Expenses | $951.0K |
| Operating Expenses | $9M |
| Cost & Expenses | $18M |
| OPERATING INCOME | -$7M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $2M |
| EBIT | -$7M |
| EBITDA | -$5M |
| EPS | -$7 |
| EPS Diluted | -$7 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$638.0K |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $19M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $12.0K |
| Net Receivables | $2M |
| Inventory | $152.0K |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $19M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $94.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $21M |
| Account Payables | $165.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $555.0K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $231.0K |
| TOTAL LIABILITIES | $786.0K |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $46M |
| Retained Earnings | -$25M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$461.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20M |
| Minority Interest | $0 |
| TOTAL EQUITY | $20M |
| TOTAL LIABILITIES & EQUITY | $21M |
| Total Debt | $419.0K |
| Net Debt | -$11M |
