| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $585M | — | $444M | — | 31.7% |
| Op. Income | -$30M | — | -$44M | — | 32.6% |
| Gross Margin | 6.5% | — | 6.2% | — | 0.3pp |
| Net Margin | -4.5% | — | -9.6% | — | 5.1pp |
| EPS (Diluted) | $-0.37 | — | $-0.87 | — | 57.1% |
| Free Cash Flow | -$13M | — | -$29M | — | 54.9% |
| Item | Amount |
|---|---|
| REVENUE | $585M |
| Cost of Revenue | $547M |
| GROSS PROFIT | $38M |
| R&D Expenses | $17M |
| Selling & Marketing | $35M |
| General & Administrative | $15M |
| SG&A Expenses | $50M |
| Other Expenses | $0 |
| Operating Expenses | $67M |
| Cost & Expenses | $614M |
| OPERATING INCOME | -$30M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$26M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$47M |
| D&A | $797.9K |
| EBIT | -$30M |
| EBITDA | -$29M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$26M |
| Depreciation & Amortization | $797.9K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | -$13M |
| Capital Expenditure | -$500.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$175M |
| Sales/Maturities of Investments | $243M |
| Other Investing Activities | $26.4K |
| NET CASH FROM INVESTING | $67M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | $59M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $91M |
| Short-Term Investments | $27M |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $128M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $82.1K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $135M |
| Account Payables | $52M |
| Short-Term Debt | $0 |
| Deferred Revenue | $6M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $103M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $372M |
| TOTAL NON-CURRENT LIABILITIES | $376M |
| TOTAL LIABILITIES | $479M |
| Common Stock | $6.4K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$332M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$344M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$344M |
| TOTAL LIABILITIES & EQUITY | $135M |
| Total Debt | $6M |
| Net Debt | -$85M |
