| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $249M | — | $218M | — | 14.6% |
| Op. Income | -$71M | — | -$41M | — | -71.5% |
| Gross Margin | 24.8% | — | 27.1% | — | -2.3pp |
| Net Margin | -74.9% | — | -25.8% | — | -49.1pp |
| EPS (Diluted) | $-4.50 | — | $-1.75 | — | -157.1% |
| Free Cash Flow | -$113M | — | -$18M | — | -541.8% |
| Item | Amount |
|---|---|
| REVENUE | $249M |
| Cost of Revenue | $188M |
| GROSS PROFIT | $62M |
| R&D Expenses | $55M |
| Selling & Marketing | $18M |
| General & Administrative | $60M |
| SG&A Expenses | $78M |
| Other Expenses | $0 |
| Operating Expenses | $133M |
| Cost & Expenses | $320M |
| OPERATING INCOME | -$71M |
| Interest Income | $874.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$116M |
| INCOME BEFORE TAX | -$187M |
| Income Tax Expense | $2.0K |
| Net Income from Continuing Ops | -$187M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$187M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$187M |
| D&A | $21M |
| EBIT | -$180M |
| EBITDA | -$159M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$187M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $118M |
| Change in Working Capital | -$36M |
| OPERATING CASH FLOW | -$70M |
| Capital Expenditure | -$43M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$51M |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | $142M |
| FREE CASH FLOW | -$113M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $67M |
| Short-Term Investments | $0 |
| Net Receivables | $117M |
| Inventory | $88M |
| Other Current Assets | $29M |
| TOTAL CURRENT ASSETS | $301M |
| PP&E (Net) | $229M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $246M |
| TOTAL ASSETS | $547M |
| Account Payables | $105M |
| Short-Term Debt | $42M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $170M |
| Long-Term Debt | $139M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $148M |
| TOTAL LIABILITIES | $318M |
| Common Stock | $49.0K |
| Additional Paid-In Capital | $683M |
| Retained Earnings | -$452M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $229M |
| Minority Interest | $0 |
| TOTAL EQUITY | $229M |
| TOTAL LIABILITIES & EQUITY | $547M |
| Total Debt | $191M |
| Net Debt | $123M |
