| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $511M | — | $502M | — | 1.6% |
| Op. Income | -$19M | — | $9M | — | -314.2% |
| Gross Margin | 23.7% | — | 24.6% | — | -0.9pp |
| Net Margin | -257.5% | — | -49.1% | — | -208.4pp |
| EPS (Diluted) | $-5.14 | — | $-0.65 | — | -690.8% |
| Free Cash Flow | -$52M | — | $49M | — | -206.4% |
| Item | Amount |
|---|---|
| REVENUE | $511M |
| Cost of Revenue | $390M |
| GROSS PROFIT | $121M |
| R&D Expenses | $12M |
| Selling & Marketing | $10M |
| General & Administrative | $110M |
| SG&A Expenses | $120M |
| Other Expenses | $8M |
| Operating Expenses | $140M |
| Cost & Expenses | $530M |
| OPERATING INCOME | -$19M |
| Interest Income | $0 |
| Interest Expense | $37M |
| Other Income/Expenses | -$1.3B |
| INCOME BEFORE TAX | -$1.3B |
| Income Tax Expense | $859.0K |
| NET INCOME | -$1.3B |
| D&A | $120M |
| EBIT | -$1.3B |
| EBITDA | -$1.2B |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$1.3B |
| Depreciation & Amortization | $120M |
| Stock-Based Compensation | $52M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.2B |
| Change in Working Capital | -$28M |
| OPERATING CASH FLOW | $43M |
| Capital Expenditure | -$95M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$231.0K |
| NET CASH FROM INVESTING | -$95M |
| Net Debt Issuance | $767M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $820M |
| FREE CASH FLOW | -$52M |
| Net Change in Cash | $767M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $836M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $67M |
| TOTAL CURRENT ASSETS | $904M |
| PP&E (Net) | $671M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $695M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $19M |
| Short-Term Debt | $16M |
| Deferred Revenue | $18M |
| Other Current Liabilities | $69M |
| TOTAL CURRENT LIABILITIES | $135M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $2.9B |
| Retained Earnings | -$3.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$820M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$820M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $1.2B |
| Net Debt | $364M |
