Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2022 -0.9% Revenue growth, 20223 Where the money goes Where each dollar of revenue went, fiscal 2022 Cost of revenue Research and development Interest
Cost of revenue 51¢ $21.9M Research and development 30¢ $13.1M Interest 15¢ $6.4M Income tax 4¢ $1.8M Out of $42.7M in revenue.3 The company lost money this year.
Financial statements
Income statement Balance sheet Cash flow
Annual Quarterly
Revenue4 3 $42.7M in 2022+29% since 2020 0 $20.0M $40.0M $60.0M 2020: $33.2M $33.2M 2020 2021: $43.0M $43.0M 2021 +30% 2022: $42.7M $42.7M 2022 −1% Gross profit4 3 $20.8M in 2022+82% since 2020 0 $10.0M $20.0M $30.0M 2020: $11.4M $11.4M 2020 2021: $22.4M $22.4M 2021 +96% 2022: $20.8M $20.8M 2022 −7% Operating income4 3 -$80.1M in 2022+71% since 2020 -$100.0M -$75.0M -$50.0M -$25.0M 0 2020: -$46.8M -$46.8M 2020 2021: -$54.2M -$54.2M 2021 +16% 2022: -$80.1M -$80.1M 2022 +48% Net income5 6 7 8 4 3 -$30.1M in 2022+57526% since 2016 -$80.0M -$60.0M -$40.0M -$20.0M 0 2016: -$52.2K -$52.2K 2016 2017: -$60.8K -$60.8K 2017 +17% 2018: -$55.9K -$55.9K 2018 −8% 2019: -$51.3K -$51.3K 2019 −8% 2020: -$53.2M -$53.2M 2020 +103497% 2021: -$73.1M -$73.1M 2021 +38% 2022: -$30.1M -$30.1M 2022 −59%
Revenue9 10 $12.6M in Q3 FY2023+23% since Q2 FY2023 0 $5.0M $10.0M $15.0M Q2 FY2023: $10.2M $10.2M Q2 FY2023 Q3 FY2023: $12.6M $12.6M Q3 FY2023 +23% Gross profit9 10 $8.2M in Q3 FY2023+42% since Q2 FY2023 0 $2.5M $5.0M $7.5M $10.0M Q2 FY2023: $5.8M $5.8M Q2 FY2023 Q3 FY2023: $8.2M $8.2M Q3 FY2023 +42% Operating income9 10 -$5.5M in Q3 FY2023−29% since Q2 FY2023 -$8.0M -$6.0M -$4.0M -$2.0M 0 Q2 FY2023: -$7.8M -$7.8M Q2 FY2023 Q3 FY2023: -$5.5M -$5.5M Q3 FY2023 −29% Net income9 10 $64.4M in Q3 FY2023+737% since Q2 FY2023 -$100.0M -$50.0M 0 $50.0M $100.0M Q2 FY2023: $7.7M $7.7M Q2 FY2023 Q3 FY2023: $7.7M $7.7M Q3 FY2023 +0% Q2 FY2023: -$85.1M -$85.1M Q2 FY2023 Q3 FY2023: -$85.1M -$85.1M Q3 FY2023 +0% Q3 FY2023: $64.4M $64.4M Q3 FY2023
Fiscal year 2016 2017 2018 2019 2020 2021 2022 Revenue $33.2M4 $43.0M3 $42.7M3 Cost of revenue $21.7M4 $20.6M3 $21.9M3 Gross profit $11.4M4 $22.4M3 $20.8M3 Research and development $9.8M4 $10.7M3 $13.1M3 Selling, general and admin $43.6K5 $50.0K6 $42.5K7 $37.1K8 $46.3K11 $137.7K11 Operating income -$46.8M4 -$54.2M3 -$80.1M3 Interest $8.6K5 $10.8K6 $13.9K7 $14.3K8 $4.1M4 $3.2M3 $6.4M3 Income tax $1.8M4 $2.4M3 $1.8M3 Net income -$52.2K5 -$60.8K6 -$55.9K7 -$51.3K8 -$53.2M4 -$73.1M3 -$30.1M3
Total assets4 3 $138.8M in 2022−35% since 2020 0 $100.0M $200.0M $300.0M 2020: $214.3M $214.3M 2020 2021: $168.6M $168.6M 2021 −21% 2022: $138.8M $138.8M 2022 −18% Total liabilities4 3 $162.9M in 2022−12% since 2020 0 $50.0M $100.0M $150.0M $200.0M 2020: $186.1M $186.1M 2020 2021: $176.8M $176.8M 2021 −5% 2022: $162.9M $162.9M 2022 −8% Shareholders’ equity6 7 8 4 3 -$24.1M in 2022+11809% since 2016 -$50.0M 0 $50.0M $100.0M 2016: -$202.2K -$202.2K 2016 2017: -$258.1K -$258.1K 2017 +28% 2018: -$308.9K -$308.9K 2018 +20% 2019: $77.0M $77.0M 2019 2020: $28.2M $28.2M 2020 −63% 2021: -$8.2M -$8.2M 2021 2022: -$24.1M -$24.1M 2022 +192% Cash6 7 8 4 3 $11.5M in 2022+253050% since 2016 0 $10.0M $20.0M $30.0M 2016: $4.6K $4.6K 2016 2017: $40.3K $40.3K 2017 +785% 2018: $3.5K $3.5K 2018 −91% 2019: $6.2M $6.2M 2019 +174439% 2020: $3.5M $3.5M 2020 −43% 2021: $26.0M $26.0M 2021 +642% 2022: $11.5M $11.5M 2022 −56% Long-term debt3 $120.3M in 2022+65% since 2021 0 $50.0M $100.0M $150.0M 2021: $73.0M $73.0M 2021 2022: $120.3M $120.3M 2022 +65%
Total assets9 10 $123.5M in Q3 FY2023+1% since Q2 FY2023 0 $50.0M $100.0M $150.0M Q2 FY2023: $122.7M $122.7M Q2 FY2023 Q3 FY2023: $123.5M $123.5M Q3 FY2023 +1% Total liabilities9 10 $161.6M in Q3 FY2023−28% since Q2 FY2023 0 $100.0M $200.0M $300.0M Q2 FY2023: $224.7M $224.7M Q2 FY2023 Q3 FY2023: $161.6M $161.6M Q3 FY2023 −28% Shareholders’ equity9 10 -$38.1M in Q3 FY2023+132% since Q2 FY2023 -$150.0M -$100.0M -$50.0M 0 Q2 FY2023: -$16.4M -$16.4M Q2 FY2023 Q3 FY2023: -$16.4M -$16.4M Q3 FY2023 +0% Q2 FY2023: -$102.0M -$102.0M Q2 FY2023 +521% Q3 FY2023: -$102.0M -$102.0M Q3 FY2023 +0% Q3 FY2023: -$38.1M -$38.1M Q3 FY2023 −63% Cash9 10 $3.6M in Q3 FY2023−26% since Q2 FY2023 0 $2.0M $4.0M $6.0M Q2 FY2023: $4.9M $4.9M Q2 FY2023 Q3 FY2023: $3.6M $3.6M Q3 FY2023 −26% Long-term debt9 10 $120.3M in Q3 FY2023+7% since Q2 FY2023 0 $50.0M $100.0M $150.0M Q2 FY2023: $112.2M $112.2M Q2 FY2023 Q3 FY2023: $120.3M $120.3M Q3 FY2023 +7%
Fiscal year 2016 2017 2018 2019 2020 2021 2022 Cash $4.6K6 $40.3K7 $3.5K8 $6.2M4 $3.5M4 $26.0M3 $11.5M3 Current assets $7.6K5 $40.3K6 $3.3K7 $10.8K8 $85.2M4 $43.3M3 $23.7M3 Total assets $214.3M4 $168.6M3 $138.8M3 Current liabilities $209.8K5 $298.4K6 $312.2K7 $366.0K8 $183.6M4 $22.7M3 $67.3M3 Long-term debt $73.0M3 $120.3M3 Total liabilities $186.1M4 $176.8M3 $162.9M3 Shareholders’ equity -$202.2K6 -$258.1K7 -$308.9K8 $77.0M4 $28.2M3 -$8.2M3 -$24.1M3 Shares outstanding 13.8M shares12 13.8M shares5 13.8M shares6 13.8M shares7 13.8M shares4 131.8M shares3 131.8M shares3
Cash from operations6 7 8 4 3 -$58.5M in 2022+118767% since 2017 -$60.0M -$40.0M -$20.0M 0 2017: -$49.3K -$49.3K 2017 2018: -$37.0K -$37.0K 2018 −25% 2019: -$32.5K -$32.5K 2019 −12% 2020: -$17.1M -$17.1M 2020 +52537% 2021: -$52.1M -$52.1M 2021 +205% 2022: -$58.5M -$58.5M 2022 +12% Capital spending4 3 $568.0K in 2022−47% since 2020 0 $500.0K $1.0M $1.5M 2020: $1.1M $1.1M 2020 2021: $920.0K $920.0K 2021 −14% 2022: $568.0K $568.0K 2022 −38% Free cash flow4 3 -$59.1M in 2022+225% since 2020 -$60.0M -$40.0M -$20.0M 0 2020: -$18.2M -$18.2M 2020 2021: -$53.0M -$53.0M 2021 +192% 2022: -$59.1M -$59.1M 2022 +12%
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Fiscal year 2016 2017 2018 2019 2020 2021 2022 Cash from operations -$49.3K6 -$37.0K7 -$32.5K8 -$17.1M4 -$52.1M3 -$58.5M3 Capital spending $1.1M4 $920.0K3 $568.0K3 Free cash flow -$18.2M -$53.0M -$59.1M
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Former names
NEWTOWN LANE MARKETING INC Feb 8, 2006 to Oct 7, 20212
Recent filings
Jul 3, 2024 8-K Jun 24, 2024 8-K May 6, 2024 8-K Apr 24, 2024 8-K Mar 28, 2024 8-K Jan 18, 2024 8-K Nov 14, 2023 8-K Nov 14, 2023 10-Q Oct 31, 2023 8-K Oct 20, 2023 8-K Oct 17, 2023 8-K Sep 22, 2023 8-K Aug 31, 2023 8-K Aug 31, 2023 10-Q Aug 22, 2023 8-K
Every filing from the last three years, summarized . The full record is on SEC EDGAR.1