| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $109M | — | $88M | — | 24.1% |
| Op. Income | -$69M | — | -$52M | — | -30.8% |
| Gross Margin | 36.3% | — | 20.3% | — | 16.0pp |
| Net Margin | -51.9% | — | -307.7% | — | 255.7pp |
| EPS (Diluted) | $-2.26 | — | $-10.90 | — | 79.3% |
| Free Cash Flow | -$55M | — | -$59M | — | 7.1% |
| Item | Amount |
|---|---|
| REVENUE | $109M |
| Cost of Revenue | $69M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $77M |
| SG&A Expenses | $83M |
| Other Expenses | $0 |
| Operating Expenses | $83M |
| Cost & Expenses | $153M |
| OPERATING INCOME | -$69M |
| Interest Income | $19.0K |
| Interest Expense | -$16M |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | -$54M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$56M |
| D&A | $2M |
| EBIT | -$71M |
| EBITDA | -$69M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$56M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$55M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | -$54M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$55M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$55M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $0 |
| Net Receivables | $52M |
| Inventory | $22M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $96M |
| PP&E (Net) | $9M |
| Goodwill | $18M |
| Intangible Assets | $17M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $49M |
| TOTAL ASSETS | $144M |
| Account Payables | $8M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $70M |
| TOTAL CURRENT LIABILITIES | $79M |
| Long-Term Debt | $148M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $163M |
| TOTAL LIABILITIES | $242M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$411M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $165.0K |
| Other Equity | $314M |
| TOTAL STOCKHOLDERS' EQUITY | -$98M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$98M |
| TOTAL LIABILITIES & EQUITY | $144M |
| Total Debt | $150M |
| Net Debt | $136M |
