| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $89M | — | — | — | — |
| Op. Income | -$291M | — | — | — | — |
| Gross Margin | -69.3% | — | — | — | — |
| Net Margin | -606.1% | — | — | — | — |
| EPS (Diluted) | $-1.16 | — | — | — | — |
| Free Cash Flow | -$169M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $89M |
| Cost of Revenue | $150M |
| GROSS PROFIT | -$61M |
| R&D Expenses | $84M |
| Selling & Marketing | $22M |
| General & Administrative | $93M |
| SG&A Expenses | $115M |
| Other Expenses | $31M |
| Operating Expenses | $230M |
| Cost & Expenses | $380M |
| OPERATING INCOME | -$291M |
| Interest Income | $0 |
| Interest Expense | $32M |
| Other Income/Expenses | -$243M |
| INCOME BEFORE TAX | -$534M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$536M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$536M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$536M |
| D&A | $43M |
| EBIT | -$503M |
| EBITDA | -$460M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$536M |
| Depreciation & Amortization | $43M |
| Stock-Based Compensation | $54M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $333M |
| Change in Working Capital | -$53M |
| OPERATING CASH FLOW | -$160M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$12M |
| Purchases of Investments | -$48M |
| Sales/Maturities of Investments | $31M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$39M |
| Net Debt Issuance | $363M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $381M |
| FREE CASH FLOW | -$169M |
| Net Change in Cash | $182M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $504M |
| Short-Term Investments | $26M |
| Net Receivables | $35M |
| Inventory | $0 |
| Other Current Assets | $185M |
| TOTAL CURRENT ASSETS | $792M |
| PP&E (Net) | $36M |
| Goodwill | $32M |
| Intangible Assets | $38M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $109M |
| TOTAL ASSETS | $906M |
| Account Payables | $67M |
| Short-Term Debt | $126M |
| Deferred Revenue | $12M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $208M |
| Long-Term Debt | $515M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $575M |
| TOTAL LIABILITIES | $783M |
| Common Stock | $74.0K |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | -$1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | -$10M |
| TOTAL STOCKHOLDERS' EQUITY | $123M |
| Minority Interest | $0 |
| TOTAL EQUITY | $123M |
| TOTAL LIABILITIES & EQUITY | $906M |
| Total Debt | $672M |
| Net Debt | $168M |
