| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $124M | — | $151M | — | -17.6% |
| Op. Income | -$29M | — | $20M | — | -243.9% |
| Gross Margin | 23.1% | — | 34.5% | — | -11.4pp |
| Net Margin | -21.3% | — | 12.2% | — | -33.4pp |
| EPS (Diluted) | $-3.94 | — | $2.69 | — | -246.5% |
| Free Cash Flow | $31M | — | -$6M | — | 598.5% |
| Item | Amount |
|---|---|
| REVENUE | $124M |
| Cost of Revenue | $95M |
| GROSS PROFIT | $29M |
| R&D Expenses | $21M |
| Selling & Marketing | $7M |
| General & Administrative | $4M |
| SG&A Expenses | $11M |
| Other Expenses | $26M |
| Operating Expenses | $57M |
| Cost & Expenses | $153M |
| OPERATING INCOME | -$29M |
| Interest Income | $1M |
| Interest Expense | $45.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$27M |
| Income Tax Expense | -$889.0K |
| Net Income from Continuing Ops | -$26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$26M |
| D&A | $2M |
| EBIT | -$3M |
| EBITDA | -$616.0K |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$26M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $40M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $32M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$772.0K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $31M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $47M |
| Short-Term Investments | $8M |
| Net Receivables | $28M |
| Inventory | $52M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $135M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $17M |
| Tax Assets | $2M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $33M |
| TOTAL ASSETS | $168M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $465.0K |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $46.0K |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $19M |
| Common Stock | $22.0K |
| Additional Paid-In Capital | $71M |
| Retained Earnings | $121M |
| Treasury Stock | -$44M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $148M |
| Minority Interest | $0 |
| TOTAL EQUITY | $148M |
| TOTAL LIABILITIES & EQUITY | $168M |
| Total Debt | $6M |
| Net Debt | -$41M |
