| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | — | $1.7B | — | 6.5% |
| Op. Income | -$642M | — | -$36M | — | -1678.6% |
| Gross Margin | 30.9% | — | 32.3% | — | -1.4pp |
| Net Margin | -37.0% | — | -7.0% | — | -30.1pp |
| EPS (Diluted) | $-3.57 | — | $-0.63 | — | -466.7% |
| Free Cash Flow | -$60M | — | -$27M | — | -121.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $553M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $484M |
| SG&A Expenses | $484M |
| Other Expenses | $712M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | -$642M |
| Interest Income | $679.0K |
| Interest Expense | $108M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | -$664M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$662M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$662M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$662M |
| D&A | $39M |
| EBIT | -$564M |
| EBITDA | -$525M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$662M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$115.0K |
| Other Non-Cash Items | $601M |
| Change in Working Capital | -$42M |
| OPERATING CASH FLOW | -$48M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $60M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $62M |
| FREE CASH FLOW | -$60M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19M |
| Short-Term Investments | $0 |
| Net Receivables | $226M |
| Inventory | $0 |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $270M |
| PP&E (Net) | $77M |
| Goodwill | $1.2B |
| Intangible Assets | $96M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $109M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.7B |
| Account Payables | $45M |
| Short-Term Debt | $15M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $181M |
| TOTAL CURRENT LIABILITIES | $326M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $59M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $2M |
| TOTAL STOCKHOLDERS' EQUITY | -$4M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$4M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $1.4B |
| Net Debt | $1.3B |
