| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $662M | — | $585M | — | 13.1% |
| Op. Income | $2M | — | -$30M | — | 105.3% |
| Gross Margin | 8.7% | — | 6.5% | — | 2.2pp |
| Net Margin | 2.4% | — | -4.5% | — | 6.9pp |
| EPS (Diluted) | $-0.22 | — | $-0.37 | — | 41.2% |
| Free Cash Flow | $6M | — | -$13M | — | 147.2% |
| Item | Amount |
|---|---|
| REVENUE | $662M |
| Cost of Revenue | $604M |
| GROSS PROFIT | $58M |
| R&D Expenses | $13M |
| Selling & Marketing | $28M |
| General & Administrative | $15M |
| SG&A Expenses | $43M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $660M |
| OPERATING INCOME | $2M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $15M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $714.2K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| REVENUE | $662M |
| Cost of Revenue | $604M |
| GROSS PROFIT | $58M |
| R&D Expenses | $13M |
| Selling & Marketing | $28M |
| General & Administrative | $15M |
| SG&A Expenses | $43M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $660M |
| OPERATING INCOME | $2M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $15M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $714.2K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $714.2K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$450.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$108M |
| Sales/Maturities of Investments | $112M |
| Other Investing Activities | $25.7K |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$52.5K |
| NET CASH FROM FINANCING | -$52.5K |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $102M |
| Short-Term Investments | $22M |
| Net Receivables | $7M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $134M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $146M |
| Account Payables | $50M |
| Short-Term Debt | $0 |
| Deferred Revenue | $8M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $95M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $399M |
| TOTAL NON-CURRENT LIABILITIES | $406M |
| TOTAL LIABILITIES | $502M |
| Common Stock | $6.4K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$337M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$355M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$355M |
| TOTAL LIABILITIES & EQUITY | $146M |
| Total Debt | $8M |
| Net Debt | -$94M |
