| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | — | $1.4B | — | -12.6% |
| Op. Income | $17M | — | $462M | — | -96.4% |
| Gross Margin | 46.7% | — | 55.0% | — | -8.3pp |
| Net Margin | -16.9% | — | 13.9% | — | -30.8pp |
| EPS (Diluted) | $-8.72 | — | $7.46 | — | -216.9% |
| Free Cash Flow | $101M | — | $134M | — | -24.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $651M |
| GROSS PROFIT | $571M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $145M |
| SG&A Expenses | $145M |
| Other Expenses | $410M |
| Operating Expenses | $555M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $202M |
| Other Income/Expenses | -$197M |
| INCOME BEFORE TAX | -$180M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | -$206M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$206M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$206M |
| D&A | $42M |
| EBIT | $22M |
| EBITDA | $63M |
| EPS | -$9 |
| EPS Diluted | -$9 |
| Item | Amount |
|---|---|
| Net Income | -$206M |
| Depreciation & Amortization | $42M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | -$56M |
| Other Non-Cash Items | $354M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $153M |
| Capital Expenditure | -$52M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.1B |
| Sales/Maturities of Investments | $658M |
| Other Investing Activities | $79M |
| NET CASH FROM INVESTING | -$402M |
| Net Debt Issuance | $275M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | $268M |
| FREE CASH FLOW | $101M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $158M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $209M |
| PP&E (Net) | $171M |
| Goodwill | $606M |
| Intangible Assets | $48.0K |
| Long-Term Investments | $3.5B |
| Tax Assets | $17M |
| Other Non-Current Assets | $158M |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $174M |
| Short-Term Debt | $29M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $219M |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $186M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $3.7B |
| Common Stock | $235.0K |
| Additional Paid-In Capital | $11M |
| Retained Earnings | $1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$124M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $937M |
| Minority Interest | $0 |
| TOTAL EQUITY | $937M |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $3.3B |
| Net Debt | $3.2B |
