| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $65M | — | $55M | — | 17.9% |
| Op. Income | -$35M | — | -$28M | — | -27.4% |
| Gross Margin | 76.3% | — | 78.9% | — | -2.7pp |
| Net Margin | -57.0% | — | -56.4% | — | -0.6pp |
| EPS (Diluted) | $-1.38 | — | $-1.22 | — | -13.1% |
| Free Cash Flow | -$34M | — | -$30M | — | -12.1% |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $50M |
| R&D Expenses | $9M |
| Selling & Marketing | $50M |
| General & Administrative | $26M |
| SG&A Expenses | $75M |
| Other Expenses | $0 |
| Operating Expenses | $85M |
| Cost & Expenses | $100M |
| OPERATING INCOME | -$35M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$37M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $49.0K |
| NET INCOME | -$37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$37M |
| D&A | $2M |
| EBIT | -$34M |
| EBITDA | -$32M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$37M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$31M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | $7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $207.0K |
| NET CASH FROM FINANCING | $207.0K |
| FREE CASH FLOW | -$34M |
| Net Change in Cash | -$24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $70M |
| Short-Term Investments | $2M |
| Net Receivables | $14M |
| Inventory | $9M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $99M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $18M |
| TOTAL ASSETS | $117M |
| Account Payables | $2M |
| Short-Term Debt | $13M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $33M |
| Long-Term Debt | $23M |
| Deferred Revenue NC | $829.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $27M |
| TOTAL LIABILITIES | $60M |
| Common Stock | $273.0K |
| Additional Paid-In Capital | $403M |
| Retained Earnings | -$346M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $57M |
| Minority Interest | $0 |
| TOTAL EQUITY | $57M |
| TOTAL LIABILITIES & EQUITY | $117M |
| Total Debt | $40M |
| Net Debt | -$31M |
