| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | — | $1.8B | — | 6.0% |
| Op. Income | $8M | — | -$642M | — | 101.3% |
| Gross Margin | 31.4% | — | 30.9% | — | 0.5pp |
| Net Margin | -7.1% | — | -37.0% | — | 29.9pp |
| EPS (Diluted) | $-0.71 | — | $-3.57 | — | 80.1% |
| Free Cash Flow | $17M | — | -$60M | — | 127.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $595M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $465M |
| SG&A Expenses | $465M |
| Other Expenses | $123M |
| Operating Expenses | $587M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $8M |
| Interest Income | $327.0K |
| Interest Expense | $153M |
| Other Income/Expenses | -$147M |
| INCOME BEFORE TAX | -$139M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$135M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$135M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$135M |
| D&A | $30M |
| EBIT | $9M |
| EBITDA | $39M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$135M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $136M |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $16M |
| NET CASH FROM FINANCING | $11M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | $25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44M |
| Short-Term Investments | $0 |
| Net Receivables | $246M |
| Inventory | $0 |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $315M |
| PP&E (Net) | $70M |
| Goodwill | $1.1B |
| Intangible Assets | $94M |
| Long-Term Investments | $75M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $30M |
| Short-Term Debt | $168M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $42M |
| TOTAL CURRENT LIABILITIES | $355M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $65M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$127M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$127M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $1.5B |
| Net Debt | $1.5B |
