| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $247M | — | $256M | — | -3.6% |
| Op. Income | -$82M | — | -$34M | — | -139.0% |
| Gross Margin | 100.0% | — | 100.0% | — | 0.0pp |
| Net Margin | -30.4% | — | -16.4% | — | -14.0pp |
| EPS (Diluted) | $-50.20 | — | $-28.54 | — | -75.9% |
| Free Cash Flow | -$9M | — | -$2M | — | -300.2% |
| Item | Amount |
|---|---|
| REVENUE | $247M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $247M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $329M |
| Operating Expenses | $329M |
| Cost & Expenses | $329M |
| OPERATING INCOME | -$82M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | -$99M |
| Income Tax Expense | -$24M |
| Net Income from Continuing Ops | -$75M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$75M |
| D&A | $9M |
| EBIT | -$73M |
| EBITDA | -$64M |
| EPS | -$50 |
| EPS Diluted | -$50 |
| Item | Amount |
|---|---|
| Net Income | -$75M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $846.4K |
| Deferred Income Tax | -$26M |
| Other Non-Cash Items | $90M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $11M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $7M |
| Net Debt Issuance | -$15M |
| Common Stock Repurchased | -$83.9K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27M |
| Short-Term Investments | $0 |
| Net Receivables | $53M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $87M |
| PP&E (Net) | $86M |
| Goodwill | $922.0K |
| Intangible Assets | $396M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $488M |
| TOTAL ASSETS | $574M |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $48M |
| Long-Term Debt | $264M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $72M |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $377M |
| TOTAL LIABILITIES | $425M |
| Common Stock | $34.1K |
| Additional Paid-In Capital | $153M |
| Retained Earnings | $25M |
| Treasury Stock | -$29M |
| Accum. Other Comp. Income | $346.5K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $149M |
| Minority Interest | $0 |
| TOTAL EQUITY | $149M |
| TOTAL LIABILITIES & EQUITY | $574M |
| Total Debt | $306M |
| Net Debt | $279M |
