| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $240M | — | $366M | — | -34.4% |
| Op. Income | -$51M | — | $20M | — | -352.0% |
| Gross Margin | 20.5% | — | 35.0% | — | -14.6pp |
| Net Margin | -24.8% | — | 4.8% | — | -29.6pp |
| EPS (Diluted) | $-3.62 | — | $0.97 | — | -473.2% |
| Free Cash Flow | -$45M | — | -$6M | — | -663.2% |
| Item | Amount |
|---|---|
| REVENUE | $240M |
| Cost of Revenue | $191M |
| GROSS PROFIT | $49M |
| R&D Expenses | $19M |
| Selling & Marketing | $47M |
| General & Administrative | $33M |
| SG&A Expenses | $80M |
| Other Expenses | $2M |
| Operating Expenses | $101M |
| Cost & Expenses | $292M |
| OPERATING INCOME | -$51M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$54M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | -$60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$60M |
| D&A | $6M |
| EBIT | -$53M |
| EBITDA | -$47M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$60M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$42M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $19M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $653.0K |
| NET CASH FROM FINANCING | $20M |
| FREE CASH FLOW | -$45M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $43M |
| Inventory | $71M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $135M |
| PP&E (Net) | $6M |
| Goodwill | $11M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $163M |
| Account Payables | $20M |
| Short-Term Debt | $19M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $64M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $74M |
| Common Stock | $17.0K |
| Additional Paid-In Capital | $207M |
| Retained Earnings | -$117M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $89M |
| Minority Interest | $0 |
| TOTAL EQUITY | $89M |
| TOTAL LIABILITIES & EQUITY | $163M |
| Total Debt | $19M |
| Net Debt | $8M |
