| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $378M | — | $344M | — | 9.9% |
| Op. Income | -$6M | — | -$39M | — | 83.7% |
| Gross Margin | 38.2% | — | 29.2% | — | 9.0pp |
| Net Margin | -1.6% | — | -11.4% | — | 9.8pp |
| EPS (Diluted) | $-0.06 | — | $-0.42 | — | 85.5% |
| Free Cash Flow | $1M | — | $18M | — | -94.2% |
| Item | Amount |
|---|---|
| REVENUE | $378M |
| Cost of Revenue | $234M |
| GROSS PROFIT | $145M |
| R&D Expenses | $7M |
| Selling & Marketing | $45M |
| General & Administrative | $99M |
| SG&A Expenses | $144M |
| Other Expenses | $0 |
| Operating Expenses | $151M |
| Cost & Expenses | $385M |
| OPERATING INCOME | -$6M |
| Interest Income | $508.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $282.0K |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $75.0K |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $9M |
| EBIT | -$6M |
| EBITDA | $3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $746.0K |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$530.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$530.0K |
| Net Debt Issuance | -$19.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $163.0K |
| NET CASH FROM FINANCING | $42M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $75M |
| Short-Term Investments | $0 |
| Net Receivables | $43M |
| Inventory | $85M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $214M |
| PP&E (Net) | $29M |
| Goodwill | $2M |
| Intangible Assets | $235.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $33M |
| TOTAL ASSETS | $247M |
| Account Payables | $23M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $60M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $73M |
| Common Stock | $11.0K |
| Additional Paid-In Capital | $659M |
| Retained Earnings | -$485M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $174M |
| Minority Interest | $0 |
| TOTAL EQUITY | $174M |
| TOTAL LIABILITIES & EQUITY | $247M |
| Total Debt | $22M |
| Net Debt | -$54M |
