| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $190M | — | $253M | — | -24.8% |
| Op. Income | -$24M | — | -$40M | — | 40.9% |
| Gross Margin | 44.7% | — | 43.7% | — | 1.0pp |
| Net Margin | -5.3% | — | -35.1% | — | 29.7pp |
| EPS (Diluted) | $-0.91 | — | $-2.48 | — | 63.3% |
| Free Cash Flow | -$33M | — | -$21M | — | -59.3% |
| Item | Amount |
|---|---|
| REVENUE | $190M |
| Cost of Revenue | $105M |
| GROSS PROFIT | $85M |
| R&D Expenses | $11M |
| Selling & Marketing | $20M |
| General & Administrative | $59M |
| SG&A Expenses | $78M |
| Other Expenses | $19M |
| Operating Expenses | $108M |
| Cost & Expenses | $213M |
| OPERATING INCOME | -$24M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$33M |
| Income Tax Expense | $662.0K |
| Net Income from Continuing Ops | -$34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $24M |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $19M |
| EBIT | -$27M |
| EBITDA | -$7M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$34M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$304.0K |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | -$21M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $191M |
| NET CASH FROM INVESTING | $179M |
| Net Debt Issuance | -$154M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$155M |
| FREE CASH FLOW | -$33M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39M |
| Short-Term Investments | $0 |
| Net Receivables | $49M |
| Inventory | $0 |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $101M |
| PP&E (Net) | $35M |
| Goodwill | $43M |
| Intangible Assets | $12M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $121M |
| TOTAL ASSETS | $221M |
| Account Payables | $14M |
| Short-Term Debt | $48M |
| Deferred Revenue | $555.0K |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $97M |
| Long-Term Debt | $15M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $18M |
| TOTAL LIABILITIES | $114M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $730M |
| Retained Earnings | -$622M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $105M |
| Minority Interest | $2M |
| TOTAL EQUITY | $107M |
| TOTAL LIABILITIES & EQUITY | $221M |
| Total Debt | $63M |
| Net Debt | $24M |
