| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $254M | — | $298M | — | -14.7% |
| Op. Income | -$153M | — | -$100M | — | -52.6% |
| Gross Margin | 41.0% | — | 43.5% | — | -2.5pp |
| Net Margin | -60.0% | — | -34.0% | — | -26.0pp |
| EPS (Diluted) | $-20.10 | — | $-13.63 | — | -47.5% |
| Free Cash Flow | -$41M | — | -$122M | — | 66.3% |
| Item | Amount |
|---|---|
| REVENUE | $254M |
| Cost of Revenue | $150M |
| GROSS PROFIT | $104M |
| R&D Expenses | $0 |
| Selling & Marketing | $49M |
| General & Administrative | $174M |
| SG&A Expenses | $223M |
| Other Expenses | $34M |
| Operating Expenses | $257M |
| Cost & Expenses | $407M |
| OPERATING INCOME | -$153M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $879.0K |
| INCOME BEFORE TAX | -$152M |
| Income Tax Expense | $334.0K |
| Net Income from Continuing Ops | -$152M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$152M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$152M |
| D&A | $21M |
| EBIT | -$119M |
| EBITDA | -$98M |
| EPS | -$20 |
| EPS Diluted | -$20 |
| Item | Amount |
|---|---|
| Net Income | -$152M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$474.0K |
| Other Non-Cash Items | $39M |
| Change in Working Capital | $44M |
| OPERATING CASH FLOW | -$30M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $166.0K |
| Other Investing Activities | $810.0K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$581.0K |
| NET CASH FROM FINANCING | $640.0K |
| FREE CASH FLOW | -$41M |
| Net Change in Cash | -$37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $131M |
| Short-Term Investments | $0 |
| Net Receivables | $18M |
| Inventory | $58M |
| Other Current Assets | $458.0K |
| TOTAL CURRENT ASSETS | $212M |
| PP&E (Net) | $93M |
| Goodwill | $0 |
| Intangible Assets | $82.0K |
| Long-Term Investments | $2M |
| Tax Assets | $18M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $117M |
| TOTAL ASSETS | $330M |
| Account Payables | $6M |
| Short-Term Debt | $15M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $49M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $17M |
| Other Non-Current Liabilities | $38.0K |
| TOTAL NON-CURRENT LIABILITIES | $96M |
| TOTAL LIABILITIES | $144M |
| Common Stock | $15.0K |
| Additional Paid-In Capital | $580M |
| Retained Earnings | -$391M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $185M |
| Minority Interest | $0 |
| TOTAL EQUITY | $185M |
| TOTAL LIABILITIES & EQUITY | $330M |
| Total Debt | $94M |
| Net Debt | -$37M |
