| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | — | $11M | — | -36.3% |
| Op. Income | -$7M | — | -$7M | — | 1.3% |
| Gross Margin | 6.7% | — | 10.7% | — | -4.0pp |
| Net Margin | -90.3% | — | -83.1% | — | -7.2pp |
| EPS (Diluted) | $-3.79 | — | $-6.72 | — | 43.6% |
| Free Cash Flow | -$8M | — | -$7M | — | -20.1% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $457.0K |
| R&D Expenses | $853.0K |
| Selling & Marketing | $1M |
| General & Administrative | $6M |
| SG&A Expenses | $7M |
| Other Expenses | $138.0K |
| Operating Expenses | $8M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$7M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| 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 | $2M |
| EBIT | -$7M |
| EBITDA | -$6M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$275.0K |
| Change in Working Capital | -$921.0K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $152.0K |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $9.0K |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $81.0K |
| Net Receivables | $1M |
| Inventory | $44.0K |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $12M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $18M |
| Account Payables | $45.0K |
| Short-Term Debt | $241.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$241.0K |
| TOTAL CURRENT LIABILITIES | $687.0K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $569.0K |
| TOTAL LIABILITIES | $1M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $49M |
| Retained Earnings | -$31M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$518.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17M |
| Minority Interest | $0 |
| TOTAL EQUITY | $17M |
| TOTAL LIABILITIES & EQUITY | $18M |
| Total Debt | $810.0K |
| Net Debt | -$2M |
