| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $350M | — | $369M | — | -5.1% |
| Op. Income | -$590M | — | -$52M | — | -1028.6% |
| Gross Margin | 19.0% | — | 21.1% | — | -2.1pp |
| Net Margin | -171.3% | — | -15.4% | — | -155.9pp |
| EPS (Diluted) | $-4.36 | — | $-0.51 | — | -754.9% |
| Free Cash Flow | -$749M | — | -$398M | — | -88.2% |
| Item | Amount |
|---|---|
| REVENUE | $350M |
| Cost of Revenue | $283M |
| GROSS PROFIT | $66M |
| R&D Expenses | $77M |
| Selling & Marketing | $8M |
| General & Administrative | $64M |
| SG&A Expenses | $72M |
| Other Expenses | $507M |
| Operating Expenses | $656M |
| Cost & Expenses | $939M |
| OPERATING INCOME | -$590M |
| Interest Income | $8M |
| Interest Expense | $18M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | -$602M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$599M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$599M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$599M |
| D&A | $81M |
| EBIT | -$584M |
| EBITDA | -$503M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$599M |
| Depreciation & Amortization | $81M |
| Stock-Based Compensation | $34M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $182M |
| Change in Working Capital | -$320M |
| OPERATING CASH FLOW | -$622M |
| Capital Expenditure | -$127M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $249M |
| NET CASH FROM INVESTING | $113M |
| Net Debt Issuance | $530M |
| Common Stock Repurchased | -$617.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$170M |
| NET CASH FROM FINANCING | $844M |
| FREE CASH FLOW | -$749M |
| Net Change in Cash | $332M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $476M |
| Short-Term Investments | $43M |
| Net Receivables | $25M |
| Inventory | $65M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $626M |
| PP&E (Net) | $388M |
| Goodwill | $36M |
| Intangible Assets | $83M |
| Long-Term Investments | $38M |
| Tax Assets | $6M |
| Other Non-Current Assets | $57M |
| TOTAL NON-CURRENT ASSETS | $608M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $31M |
| Short-Term Debt | $208M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $801M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $90M |
| Deferred Tax Liabilities | $17M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $181M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$649M |
| Treasury Stock | -$161M |
| Accum. Other Comp. Income | $1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $277M |
| Minority Interest | $0 |
| TOTAL EQUITY | $277M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $286M |
| Net Debt | -$190M |
