| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $339M | — | $316M | — | 7.1% |
| Op. Income | -$51M | — | -$28M | — | -79.8% |
| Gross Margin | 51.4% | — | 52.4% | — | -1.0pp |
| Net Margin | -15.5% | — | -8.4% | — | -7.1pp |
| EPS (Diluted) | $-1.33 | — | $-0.68 | — | -95.6% |
| Free Cash Flow | -$4M | — | -$11M | — | 62.8% |
| Item | Amount |
|---|---|
| REVENUE | $339M |
| Cost of Revenue | $165M |
| GROSS PROFIT | $174M |
| R&D Expenses | $30M |
| Selling & Marketing | $104M |
| General & Administrative | $40M |
| SG&A Expenses | $144M |
| Other Expenses | $51M |
| Operating Expenses | $225M |
| Cost & Expenses | $390M |
| OPERATING INCOME | -$51M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$54M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$52M |
| D&A | $31M |
| EBIT | -$19M |
| EBITDA | $12M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$52M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $78.0K |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $25M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$751.0K |
| NET CASH FROM FINANCING | $25M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45M |
| Short-Term Investments | $0 |
| Net Receivables | $53M |
| Inventory | $55M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $164M |
| PP&E (Net) | $44M |
| Goodwill | $159M |
| Intangible Assets | $111M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $54M |
| TOTAL NON-CURRENT ASSETS | $369M |
| TOTAL ASSETS | $533M |
| Account Payables | $40M |
| Short-Term Debt | $15M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $84M |
| Long-Term Debt | $50M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $71M |
| TOTAL LIABILITIES | $154M |
| Common Stock | $382.0K |
| Additional Paid-In Capital | $599M |
| Retained Earnings | -$211M |
| Treasury Stock | -$6M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $378M |
| Minority Interest | $0 |
| TOTAL EQUITY | $378M |
| TOTAL LIABILITIES & EQUITY | $533M |
| Total Debt | $65M |
| Net Debt | $20M |
