| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $340M | — | $315M | — | 8.0% |
| Op. Income | -$21M | — | -$6M | — | -250.4% |
| Gross Margin | 33.7% | — | 42.5% | — | -8.8pp |
| Net Margin | -23.3% | — | -5.0% | — | -18.3pp |
| EPS (Diluted) | $-4.04 | — | $-0.89 | — | -353.9% |
| Free Cash Flow | -$22M | — | -$27M | — | 17.7% |
| Item | Amount |
|---|---|
| REVENUE | $340M |
| Cost of Revenue | $225M |
| GROSS PROFIT | $115M |
| R&D Expenses | $0 |
| Selling & Marketing | $103M |
| General & Administrative | $38M |
| SG&A Expenses | $141M |
| Other Expenses | -$5M |
| Operating Expenses | $136M |
| Cost & Expenses | $361M |
| OPERATING INCOME | -$21M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | -$34M |
| Income Tax Expense | -$325.0K |
| Net Income from Continuing Ops | -$34M |
| Net Income from Discontinued Ops | -$45M |
| Other Adjustments | $0 |
| NET INCOME | -$79M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$79M |
| D&A | $22M |
| EBIT | -$25M |
| EBITDA | -$3M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$79M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$735.0K |
| Other Non-Cash Items | $29M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $92M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $11M |
| NET CASH FROM INVESTING | $88M |
| Net Debt Issuance | -$86M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$368.0K |
| NET CASH FROM FINANCING | -$86M |
| FREE CASH FLOW | -$22M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $45M |
| Inventory | $49M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $113M |
| PP&E (Net) | $58M |
| Goodwill | $0 |
| Intangible Assets | $13M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $75M |
| TOTAL ASSETS | $188M |
| Account Payables | $60M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $85M |
| Long-Term Debt | $23M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $64M |
| TOTAL LIABILITIES | $150M |
| Common Stock | $20M |
| Additional Paid-In Capital | $77M |
| Retained Earnings | -$26M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$33M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $38M |
| Minority Interest | $0 |
| TOTAL EQUITY | $38M |
| TOTAL LIABILITIES & EQUITY | $188M |
| Total Debt | $49M |
| Net Debt | $43M |
