| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $51M | — | $16M | — | 211.5% |
| Op. Income | -$1M | — | -$1M | — | 7.7% |
| Gross Margin | 4.6% | — | 21.4% | — | -16.8pp |
| Net Margin | -8.7% | — | -16.7% | — | 7.9pp |
| EPS (Diluted) | $-1.84 | — | $-1.12 | — | -64.3% |
| Free Cash Flow | -$2M | — | -$8M | — | 74.1% |
| Item | Amount |
|---|---|
| REVENUE | $51M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $2M |
| R&D Expenses | $363.4K |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $35.8K |
| Operating Expenses | $4M |
| Cost & Expenses | $52M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | -$185.5K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $602.6K |
| EBIT | -$982.5K |
| EBITDA | -$379.9K |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $602.6K |
| Stock-Based Compensation | $634.8K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $613.9K |
| OPERATING CASH FLOW | -$376.1K |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $961.4K |
| NET CASH FROM INVESTING | -$731.9K |
| Net Debt Issuance | $8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $326.8K |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $2M |
| Other Current Assets | $114.4K |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $14M |
| Goodwill | $3M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $22M |
| TOTAL ASSETS | $28M |
| Account Payables | $5M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $15M |
| Common Stock | $1.6K |
| Additional Paid-In Capital | $23M |
| Retained Earnings | -$9M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$201.5K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13M |
| Minority Interest | $0 |
| TOTAL EQUITY | $13M |
| TOTAL LIABILITIES & EQUITY | $28M |
| Total Debt | $10M |
| Net Debt | $10M |
