| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $849M | — | $811M | — | 4.7% |
| Op. Income | -$8M | — | -$11M | — | 29.9% |
| Gross Margin | 12.2% | — | 12.7% | — | -0.6pp |
| Net Margin | -2.5% | — | -5.3% | — | 2.8pp |
| EPS (Diluted) | $-0.64 | — | $-1.47 | — | 56.5% |
| Free Cash Flow | $10M | — | $42M | — | -75.7% |
| Item | Amount |
|---|---|
| REVENUE | $849M |
| Cost of Revenue | $746M |
| GROSS PROFIT | $103M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $79M |
| Other Expenses | $9M |
| Operating Expenses | $111M |
| Cost & Expenses | $857M |
| OPERATING INCOME | -$8M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$18M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $31M |
| EBIT | -$9M |
| EBITDA | $22M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$782.0K |
| Other Non-Cash Items | $465.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | -$121M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $18M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $109M |
| Short-Term Investments | $0 |
| Net Receivables | $87M |
| Inventory | $250M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $453M |
| PP&E (Net) | $139M |
| Goodwill | $335M |
| Intangible Assets | $49M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $543M |
| TOTAL ASSETS | $996M |
| Account Payables | $92M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $136M |
| Long-Term Debt | $121M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $162M |
| TOTAL LIABILITIES | $297M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $606M |
| Retained Earnings | $184M |
| Treasury Stock | -$92M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $698M |
| Minority Interest | $0 |
| TOTAL EQUITY | $698M |
| TOTAL LIABILITIES & EQUITY | $996M |
| Total Debt | $174M |
| Net Debt | $66M |
