| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $90M | — | $103M | — | -12.2% |
| Op. Income | $40M | — | $47M | — | -14.5% |
| Gross Margin | 68.0% | — | 80.6% | — | -12.6pp |
| Net Margin | 36.6% | — | 41.6% | — | -5.0pp |
| EPS (Diluted) | $1.10 | — | $1.87 | — | -41.2% |
| Free Cash Flow | -$227M | — | -$185M | — | -23.1% |
| Item | Amount |
|---|---|
| REVENUE | $90M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $61M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $14M |
| Operating Expenses | $21M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $40M |
| Interest Income | $105M |
| Interest Expense | $29M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $3M |
| EBIT | $40M |
| EBITDA | $43M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $90M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $61M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $14M |
| Operating Expenses | $21M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $40M |
| Interest Income | $105M |
| Interest Expense | $29M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $3M |
| EBIT | $40M |
| EBITDA | $43M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $33M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$266M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$227M |
| Capital Expenditure | -$281.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$281.0K |
| Net Debt Issuance | $108M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$71M |
| Other Financing Activities | $202M |
| NET CASH FROM FINANCING | $238M |
| FREE CASH FLOW | -$227M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $0 |
| Net Receivables | $19M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $41M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.3B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $638M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $30M |
| TOTAL NON-CURRENT LIABILITIES | $667M |
| TOTAL LIABILITIES | $667M |
| Common Stock | $10M |
| Additional Paid-In Capital | $647M |
| Retained Earnings | -$42M |
| Treasury Stock | -$24M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $590M |
| Minority Interest | $0 |
| TOTAL EQUITY | $590M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $638M |
| Net Debt | $616M |
