| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $200M | — | $130M | — | 53.3% |
| Op. Income | $9M | — | $431.0K | — | 1946.9% |
| Gross Margin | 75.3% | — | 69.6% | — | 5.8pp |
| Net Margin | -8.8% | — | -18.7% | — | 10.0pp |
| EPS (Diluted) | $-0.49 | — | $-0.75 | — | 34.7% |
| Free Cash Flow | -$61M | — | -$149M | — | 59.1% |
| Item | Amount |
|---|---|
| REVENUE | $200M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $150M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $129M |
| Operating Expenses | $142M |
| Cost & Expenses | $191M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | -$17M |
| Income Tax Expense | $161.0K |
| NET INCOME | -$17M |
| D&A | $13M |
| EBIT | $9M |
| EBITDA | $22M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$45M |
| OPERATING CASH FLOW | -$22M |
| Capital Expenditure | -$39M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | -$37M |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | $30M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $29M |
| FREE CASH FLOW | -$61M |
| Net Change in Cash | -$27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $47M |
| Short-Term Investments | $0 |
| Net Receivables | $117M |
| Inventory | $11M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $190M |
| PP&E (Net) | $12M |
| Goodwill | $332.0K |
| Intangible Assets | $187M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $199M |
| TOTAL ASSETS | $389M |
| Account Payables | $39M |
| Short-Term Debt | $0 |
| Deferred Revenue | $44.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $91M |
| Long-Term Debt | $220M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $228M |
| TOTAL LIABILITIES | $320M |
| Common Stock | $35.0K |
| Additional Paid-In Capital | $221M |
| Retained Earnings | -$151M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $70M |
| Minority Interest | -$355.0K |
| TOTAL EQUITY | $69M |
| TOTAL LIABILITIES & EQUITY | $389M |
| Total Debt | $229M |
| Net Debt | $182M |
