| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $91M | — | $83M | — | 10.1% |
| Op. Income | -$355M | — | -$346M | — | -2.4% |
| Gross Margin | -75.9% | — | 22.8% | — | -98.7pp |
| Net Margin | -603.4% | — | -618.6% | — | 15.1pp |
| EPS (Diluted) | $-2.43 | — | $-2.60 | — | 6.5% |
| Free Cash Flow | -$359M | — | -$361M | — | 0.8% |
| Item | Amount |
|---|---|
| REVENUE | $91M |
| Cost of Revenue | $161M |
| GROSS PROFIT | -$69M |
| R&D Expenses | $211M |
| Selling & Marketing | $0 |
| General & Administrative | $73M |
| SG&A Expenses | $73M |
| Other Expenses | $2M |
| Operating Expenses | $285M |
| Cost & Expenses | $446M |
| OPERATING INCOME | -$355M |
| Interest Income | $5M |
| Interest Expense | $135M |
| Other Income/Expenses | -$296M |
| INCOME BEFORE TAX | -$651M |
| Income Tax Expense | -$99M |
| Net Income from Continuing Ops | -$552M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$552M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$552M |
| D&A | $24M |
| EBIT | -$518M |
| EBITDA | -$494M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$552M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | -$99M |
| Other Non-Cash Items | $270M |
| Change in Working Capital | $26M |
| OPERATING CASH FLOW | -$312M |
| Capital Expenditure | -$46M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$13M |
| NET CASH FROM INVESTING | -$46M |
| Net Debt Issuance | $171M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | $301M |
| FREE CASH FLOW | -$359M |
| Net Change in Cash | -$55M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $87M |
| Inventory | $74M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $195M |
| PP&E (Net) | $357M |
| Goodwill | $12M |
| Intangible Assets | $19M |
| Long-Term Investments | $18M |
| Tax Assets | $310M |
| Other Non-Current Assets | $39M |
| TOTAL NON-CURRENT ASSETS | $755M |
| TOTAL ASSETS | $950M |
| Account Payables | $81M |
| Short-Term Debt | $38M |
| Deferred Revenue | $59M |
| Other Current Liabilities | $34M |
| TOTAL CURRENT LIABILITIES | $261M |
| Long-Term Debt | $922M |
| Deferred Revenue NC | $73M |
| Deferred Tax Liabilities | $53.0K |
| Other Non-Current Liabilities | $521M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $41M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$932M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$932M |
| TOTAL LIABILITIES & EQUITY | $950M |
| Total Debt | $1.1B |
| Net Debt | $1.1B |
