| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $168M | — | $84M | — | 99.7% |
| Op. Income | -$162M | — | -$63M | — | -156.9% |
| Gross Margin | 40.3% | — | 37.9% | — | 2.4pp |
| Net Margin | -43.6% | — | -312.6% | — | 269.1pp |
| EPS (Diluted) | $-0.95 | — | $-1.89 | — | 50.0% |
| Free Cash Flow | -$201M | — | -$100M | — | -101.5% |
| Item | Amount |
|---|---|
| REVENUE | $168M |
| Cost of Revenue | $100M |
| GROSS PROFIT | $68M |
| R&D Expenses | $0 |
| Selling & Marketing | $28M |
| General & Administrative | $107M |
| SG&A Expenses | $135M |
| Other Expenses | $94M |
| Operating Expenses | $229M |
| Cost & Expenses | $329M |
| OPERATING INCOME | -$162M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $83M |
| INCOME BEFORE TAX | -$79M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | -$73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$73M |
| D&A | $22M |
| EBIT | -$162M |
| EBITDA | -$140M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$63M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $33M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | -$64M |
| Change in Working Capital | -$56M |
| OPERATING CASH FLOW | -$136M |
| Capital Expenditure | -$65M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $65M |
| Other Investing Activities | -$140.0K |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $70M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $112M |
| FREE CASH FLOW | -$201M |
| Net Change in Cash | -$31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $83M |
| Short-Term Investments | $5M |
| Net Receivables | $43M |
| Inventory | $117M |
| Other Current Assets | $22M |
| TOTAL CURRENT ASSETS | $274M |
| PP&E (Net) | $36M |
| Goodwill | $16M |
| Intangible Assets | $12M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $102M |
| TOTAL NON-CURRENT ASSETS | $167M |
| TOTAL ASSETS | $422M |
| Account Payables | $66M |
| Short-Term Debt | $89M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $179M |
| Long-Term Debt | $44M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $74M |
| TOTAL LIABILITIES | $253M |
| Common Stock | $46M |
| Additional Paid-In Capital | $378M |
| Retained Earnings | -$307M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $11M |
| Other Equity | $41M |
| TOTAL STOCKHOLDERS' EQUITY | $169M |
| Minority Interest | $0 |
| TOTAL EQUITY | $169M |
| TOTAL LIABILITIES & EQUITY | $422M |
| Total Debt | $161M |
| Net Debt | $78M |
