Reported December 30, 2021
| Metric | FY 2021 | Prior Q | FY 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $312M | — | $221M | — | 41.1% |
| Op. Income | $28M | — | $23M | — | 21.6% |
| Gross Margin | 13.9% | — | 15.7% | — | -1.8pp |
| Net Margin | -48.3% | — | -24.3% | — | -24.0pp |
| EPS (Diluted) | $-0.27 | — | $-0.10 | — | -180.1% |
| Free Cash Flow | -$72M | — | -$115M | — | 36.9% |
| Item | Amount |
|---|---|
| REVENUE | $312M |
| Cost of Revenue | $269M |
| GROSS PROFIT | $43M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $14M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $284M |
| OPERATING INCOME | $28M |
| Interest Income | $1M |
| Interest Expense | $25M |
| Other Income/Expenses | -$178M |
| INCOME BEFORE TAX | -$150M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$151M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$151M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$151M |
| D&A | $35M |
| EBIT | -$78M |
| EBITDA | -$43M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$151M |
| Depreciation & Amortization | $70M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $92M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$67M |
| Acquisitions (Net) | $772.4K |
| Purchases of Investments | -$149M |
| Sales/Maturities of Investments | $131M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$88M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $95M |
| NET CASH FROM FINANCING | $109M |
| FREE CASH FLOW | -$72M |
| Net Change in Cash | $38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $93M |
| Short-Term Investments | $37M |
| Net Receivables | $41M |
| Inventory | $33M |
| Other Current Assets | $930.0K |
| TOTAL CURRENT ASSETS | $207M |
| PP&E (Net) | $397M |
| Goodwill | $0 |
| Intangible Assets | $375.0K |
| Long-Term Investments | $4M |
| Tax Assets | $144.0K |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $420M |
| TOTAL ASSETS | $627M |
| Account Payables | $27M |
| Short-Term Debt | $521M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $597M |
| Long-Term Debt | $688.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $217M |
| TOTAL LIABILITIES | $814M |
| Common Stock | $51M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$247M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$187M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$187M |
| TOTAL LIABILITIES & EQUITY | $627M |
| Total Debt | $728M |
| Net Debt | $635M |