| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $787M | — | — | — | — |
| Op. Income | -$68M | — | — | — | — |
| Gross Margin | 51.4% | — | — | — | — |
| Net Margin | -10.2% | — | — | — | — |
| EPS (Diluted) | $-0.66 | — | — | — | — |
| Free Cash Flow | -$67M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $787M |
| Cost of Revenue | $383M |
| GROSS PROFIT | $404M |
| R&D Expenses | $109M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $364M |
| Other Expenses | $0 |
| Operating Expenses | $472M |
| Cost & Expenses | $855M |
| OPERATING INCOME | -$68M |
| Interest Income | $1M |
| Interest Expense | $10M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | -$79M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$80M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$80M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$80M |
| D&A | $4M |
| EBIT | -$69M |
| EBITDA | -$64M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$80M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$64M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$616.3K |
| Purchases of Investments | -$17M |
| Sales/Maturities of Investments | $40M |
| Other Investing Activities | -$737.9K |
| NET CASH FROM INVESTING | $18M |
| Net Debt Issuance | $15M |
| Common Stock Repurchased | -$19M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$67M |
| Net Change in Cash | -$48M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $66M |
| Short-Term Investments | $11M |
| Net Receivables | $56M |
| Inventory | $32M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $190M |
| PP&E (Net) | $23M |
| Goodwill | $16M |
| Intangible Assets | $0 |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $54M |
| TOTAL ASSETS | $243M |
| Account Payables | $23M |
| Short-Term Debt | $128M |
| Deferred Revenue | $154M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $453M |
| Long-Term Debt | $92M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $102M |
| TOTAL LIABILITIES | $555M |
| Common Stock | $11.7K |
| Additional Paid-In Capital | $589M |
| Retained Earnings | -$869M |
| Treasury Stock | -$25M |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $712.5K |
| TOTAL STOCKHOLDERS' EQUITY | -$320M |
| Minority Interest | $8M |
| TOTAL EQUITY | -$311M |
| TOTAL LIABILITIES & EQUITY | $243M |
| Total Debt | $233M |
| Net Debt | $167M |
