| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $306M | — | $258M | — | 18.4% |
| Op. Income | -$320M | — | -$316M | — | -1.2% |
| Gross Margin | 29.2% | — | 31.0% | — | -1.8pp |
| Net Margin | -111.5% | — | -124.1% | — | 12.6pp |
| EPS (Diluted) | $-1.82 | — | $-1.57 | — | -15.9% |
| Free Cash Flow | -$298M | — | -$328M | — | 9.0% |
| Item | Amount |
|---|---|
| REVENUE | $306M |
| Cost of Revenue | $217M |
| GROSS PROFIT | $89M |
| R&D Expenses | $117M |
| Selling & Marketing | $140M |
| General & Administrative | $152M |
| SG&A Expenses | $291M |
| Other Expenses | $500.0K |
| Operating Expenses | $409M |
| Cost & Expenses | $626M |
| OPERATING INCOME | -$320M |
| Interest Income | $11M |
| Interest Expense | $32M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | -$341M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$341M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$341M |
| Net Income Deductions | -$121M |
| BOTTOM LINE NET INCOME | -$463M |
| D&A | $49M |
| EBIT | -$310M |
| EBITDA | -$261M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$341M |
| Depreciation & Amortization | $49M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$276M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$63M |
| Sales/Maturities of Investments | $300M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $215M |
| Net Debt Issuance | $11M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$435.0K |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | -$298M |
| Net Change in Cash | -$51M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $56M |
| Short-Term Investments | $65M |
| Net Receivables | $55M |
| Inventory | $49M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $243M |
| PP&E (Net) | $148M |
| Goodwill | $19M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $170M |
| TOTAL ASSETS | $413M |
| Account Payables | $27M |
| Short-Term Debt | $167.0K |
| Deferred Revenue | $6M |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $95M |
| Long-Term Debt | $166M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.3B |
| TOTAL NON-CURRENT LIABILITIES | $2.5B |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $38.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$2.1B |
| Treasury Stock | -$330.0K |
| Accum. Other Comp. Income | $218.0K |
| Other Equity | -$26M |
| TOTAL STOCKHOLDERS' EQUITY | -$2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$2.1B |
| TOTAL LIABILITIES & EQUITY | $413M |
| Total Debt | $217M |
| Net Debt | $161M |
