| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20M | — | $17M | — | 21.8% |
| Op. Income | -$540.0K | — | -$9M | — | 94.0% |
| Gross Margin | 70.4% | — | 74.1% | — | -3.7pp |
| Net Margin | -126.5% | — | -61.5% | — | -65.0pp |
| EPS (Diluted) | $-12.19 | — | $-7.02 | — | -73.6% |
| Free Cash Flow | -$5M | — | -$16M | — | 71.9% |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $14M |
| R&D Expenses | $579.0K |
| Selling & Marketing | $5M |
| General & Administrative | $9M |
| SG&A Expenses | $14M |
| Other Expenses | $752.0K |
| Operating Expenses | $15M |
| Cost & Expenses | $21M |
| OPERATING INCOME | -$540.0K |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | -$26M |
| Income Tax Expense | $4.0K |
| 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 | $1M |
| EBIT | -$10M |
| EBITDA | -$9M |
| EPS | -$12 |
| EPS Diluted | -$12 |
| Item | Amount |
|---|---|
| Net Income | -$26M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $4.0K |
| Other Non-Cash Items | $24M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $21.0K |
| NET CASH FROM INVESTING | $21.0K |
| Net Debt Issuance | $6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$639.0K |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $644.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $3M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $10M |
| PP&E (Net) | $938.0K |
| Goodwill | $7M |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $22M |
| Account Payables | $6M |
| Short-Term Debt | $30M |
| Deferred Revenue | $92.0K |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $65M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $347.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $839.0K |
| TOTAL LIABILITIES | $66M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $177M |
| Retained Earnings | -$220M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$111.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$43M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$43M |
| TOTAL LIABILITIES & EQUITY | $22M |
| Total Debt | $30M |
| Net Debt | $29M |
