| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | — | $13M | — | 28.7% |
| Op. Income | -$9M | — | -$14M | — | 36.7% |
| Gross Margin | 74.1% | — | 61.7% | — | 12.5pp |
| Net Margin | -61.5% | — | -209.5% | — | 148.0pp |
| EPS (Diluted) | $-7.02 | — | $-19.72 | — | 64.4% |
| Free Cash Flow | -$16M | — | -$7M | — | -132.7% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $12M |
| R&D Expenses | $567.0K |
| Selling & Marketing | $7M |
| General & Administrative | $13M |
| SG&A Expenses | $20M |
| Other Expenses | $766.0K |
| Operating Expenses | $21M |
| Cost & Expenses | $26M |
| OPERATING INCOME | -$9M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $2.0K |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $952.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | -$7 |
| EPS Diluted | -$7 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $952.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $2.0K |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | $1M |
| Acquisitions (Net) | $332.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | $332.0K |
| Net Debt Issuance | $17M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $695.0K |
| NET CASH FROM FINANCING | $17M |
| FREE CASH FLOW | -$16M |
| Net Change in Cash | $534.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $868.0K |
| Other Current Assets | $570.0K |
| TOTAL CURRENT ASSETS | $7M |
| PP&E (Net) | $856.0K |
| Goodwill | $7M |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $20M |
| Account Payables | $4M |
| Short-Term Debt | $39M |
| Deferred Revenue | $60.0K |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $60M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $230.0K |
| Deferred Tax Liabilities | $28.0K |
| Other Non-Current Liabilities | -$28.0K |
| TOTAL NON-CURRENT LIABILITIES | $668.0K |
| TOTAL LIABILITIES | $61M |
| Common Stock | $549.0K |
| Additional Paid-In Capital | $153M |
| Retained Earnings | -$194M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$67.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$41M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$41M |
| TOTAL LIABILITIES & EQUITY | $20M |
| Total Debt | $39M |
| Net Debt | $38M |
