| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $801M | — | $684M | — | 17.1% |
| Op. Income | -$41M | — | $7M | — | -724.0% |
| Gross Margin | 4.6% | — | 10.5% | — | -6.0pp |
| Net Margin | -5.7% | — | -0.0% | — | -5.7pp |
| EPS (Diluted) | $-1.34 | — | $-0.03 | — | -4520.7% |
| Free Cash Flow | -$31M | — | -$66M | — | 53.5% |
| Item | Amount |
|---|---|
| REVENUE | $801M |
| Cost of Revenue | $764M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $77M |
| Other Expenses | $0 |
| Operating Expenses | $77M |
| Cost & Expenses | $841M |
| OPERATING INCOME | -$41M |
| Interest Income | $9.0K |
| Interest Expense | $15M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | -$57M |
| Income Tax Expense | -$11M |
| Net Income from Continuing Ops | -$46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$46M |
| D&A | $14M |
| EBIT | -$38M |
| EBITDA | -$24M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$46M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$11M |
| Other Non-Cash Items | $22M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$24M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$41M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $30M |
| FREE CASH FLOW | -$31M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $13M |
| Inventory | $143M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $174M |
| PP&E (Net) | $102M |
| Goodwill | $19M |
| Intangible Assets | $47M |
| Long-Term Investments | $11M |
| Tax Assets | $11M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $192M |
| TOTAL ASSETS | $366M |
| Account Payables | $108M |
| Short-Term Debt | $20M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $165M |
| Long-Term Debt | $150M |
| Deferred Revenue NC | $12M |
| Deferred Tax Liabilities | $22M |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $200M |
| TOTAL LIABILITIES | $365M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $173M |
| Retained Earnings | -$80M |
| Treasury Stock | -$50M |
| Accum. Other Comp. Income | -$42M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1M |
| Minority Interest | $0 |
| TOTAL EQUITY | $1M |
| TOTAL LIABILITIES & EQUITY | $366M |
| Total Debt | $174M |
| Net Debt | $164M |
