| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $177M | — | $222M | — | -20.3% |
| Op. Income | -$26M | — | $3M | — | -962.6% |
| Gross Margin | 35.8% | — | 29.2% | — | 6.6pp |
| Net Margin | -22.2% | — | -1.7% | — | -20.5pp |
| EPS (Diluted) | $-128.40 | — | $-17.40 | — | -637.9% |
| Free Cash Flow | $10M | — | $84.0K | — | 12114.3% |
| Item | Amount |
|---|---|
| REVENUE | $177M |
| Cost of Revenue | $113M |
| GROSS PROFIT | $63M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $61M |
| SG&A Expenses | $61M |
| Other Expenses | $25M |
| Operating Expenses | $90M |
| Cost & Expenses | $203M |
| OPERATING INCOME | -$26M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | -$37M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$40M |
| D&A | $9M |
| EBIT | -$26M |
| EBITDA | -$18M |
| EPS | -$128 |
| EPS Diluted | -$128 |
| Item | Amount |
|---|---|
| Net Income | -$39M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$347.0K |
| Other Non-Cash Items | $31M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $0 |
| Net Receivables | $30M |
| Inventory | $44M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $100M |
| PP&E (Net) | $11M |
| Goodwill | $0 |
| Intangible Assets | $46M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $906.0K |
| TOTAL NON-CURRENT ASSETS | $58M |
| TOTAL ASSETS | $159M |
| Account Payables | $27M |
| Short-Term Debt | $1M |
| Deferred Revenue | $9M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $46M |
| Long-Term Debt | $39M |
| Deferred Revenue NC | $16M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $96M |
| TOTAL LIABILITIES | $113M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $120M |
| Retained Earnings | -$104M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $45M |
| Minority Interest | $0 |
| TOTAL EQUITY | $45M |
| TOTAL LIABILITIES & EQUITY | $159M |
| Total Debt | $49M |
| Net Debt | $32M |
