| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20M | — | $12M | — | 71.8% |
| Op. Income | -$51M | — | -$33M | — | -52.6% |
| Gross Margin | -27.5% | — | -31.8% | — | 4.3pp |
| Net Margin | -366.8% | — | -303.3% | — | -63.5pp |
| EPS (Diluted) | $-7.45 | — | $-3.58 | — | -107.8% |
| Free Cash Flow | -$28M | — | -$24M | — | -16.3% |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $26M |
| GROSS PROFIT | -$6M |
| R&D Expenses | $3M |
| Selling & Marketing | $5M |
| General & Administrative | $37M |
| SG&A Expenses | $42M |
| Other Expenses | $0 |
| Operating Expenses | $45M |
| Cost & Expenses | $71M |
| OPERATING INCOME | -$51M |
| Interest Income | $0 |
| Interest Expense | $596.0K |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | -$74M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$74M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$74M |
| D&A | $1M |
| EBIT | -$74M |
| EBITDA | -$73M |
| EPS | -$7 |
| EPS Diluted | -$7 |
| Item | Amount |
|---|---|
| Net Income | -$74M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $27M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | -$28M |
| Capital Expenditure | -$99.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$199.0K |
| NET CASH FROM INVESTING | -$298.0K |
| Net Debt Issuance | $26M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $28M |
| FREE CASH FLOW | -$28M |
| Net Change in Cash | -$662.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.0K |
| Short-Term Investments | $0 |
| Net Receivables | $161.0K |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $14M |
| Account Payables | $13M |
| Short-Term Debt | $16M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $57M |
| Long-Term Debt | $13M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $165M |
| TOTAL NON-CURRENT LIABILITIES | $178M |
| TOTAL LIABILITIES | $236M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $126M |
| Retained Earnings | -$352M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$222M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$222M |
| TOTAL LIABILITIES & EQUITY | $14M |
| Total Debt | $30M |
| Net Debt | $30M |
