| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | — | $6M | — | -21.1% |
| Op. Income | -$42M | — | -$17M | — | -140.3% |
| Gross Margin | 97.0% | — | 95.5% | — | 1.5pp |
| Net Margin | -858.2% | — | -283.8% | — | -574.4pp |
| EPS (Diluted) | $-4.04 | — | $-1.98 | — | -104.0% |
| Free Cash Flow | -$18M | — | -$28M | — | 35.4% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $143.0K |
| GROSS PROFIT | $5M |
| R&D Expenses | $143.0K |
| Selling & Marketing | $2M |
| General & Administrative | $26M |
| SG&A Expenses | $27M |
| Other Expenses | $19M |
| Operating Expenses | $46M |
| Cost & Expenses | $47M |
| OPERATING INCOME | -$42M |
| Interest Income | $0 |
| Interest Expense | $569.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$41M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$41M |
| Net Income Deductions | $1 |
| BOTTOM LINE NET INCOME | -$46M |
| D&A | $900.0K |
| EBIT | -$23M |
| EBITDA | -$23M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$41M |
| Depreciation & Amortization | $934.0K |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$898.0K |
| OPERATING CASH FLOW | -$18M |
| Capital Expenditure | -$17.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$694.0K |
| NET CASH FROM INVESTING | -$711.0K |
| Net Debt Issuance | $130M |
| Common Stock Repurchased | -$148.0K |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $121M |
| FREE CASH FLOW | -$18M |
| Net Change in Cash | $102M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $153M |
| Short-Term Investments | $161.0K |
| Net Receivables | $15M |
| Inventory | $0 |
| Other Current Assets | $643.0K |
| TOTAL CURRENT ASSETS | $169M |
| PP&E (Net) | $403.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $64M |
| Tax Assets | $0 |
| Other Non-Current Assets | $533.0K |
| TOTAL NON-CURRENT ASSETS | $65M |
| TOTAL ASSETS | $234M |
| Account Payables | $653.0K |
| Short-Term Debt | $6M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $119M |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $126M |
| TOTAL LIABILITIES | $146M |
| Common Stock | $86.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $89M |
| Minority Interest | $0 |
| TOTAL EQUITY | $89M |
| TOTAL LIABILITIES & EQUITY | $234M |
| Total Debt | $124M |
| Net Debt | -$29M |
