| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $193M | — | $146M | — | 31.8% |
| Op. Income | -$108M | — | -$72M | — | -49.1% |
| Gross Margin | -16.8% | — | -14.7% | — | -2.1pp |
| Net Margin | -28.0% | — | -74.4% | — | 46.4pp |
| EPS (Diluted) | $-0.13 | — | $-0.42 | — | 69.0% |
| Free Cash Flow | -$480M | — | -$177M | — | -171.4% |
| Item | Amount |
|---|---|
| REVENUE | $193M |
| Cost of Revenue | $225M |
| GROSS PROFIT | -$32M |
| R&D Expenses | $0 |
| Selling & Marketing | $721.0K |
| General & Administrative | $73M |
| SG&A Expenses | $73M |
| Other Expenses | $2M |
| Operating Expenses | $75M |
| Cost & Expenses | $300M |
| OPERATING INCOME | -$108M |
| Interest Income | $6M |
| Interest Expense | $2M |
| Other Income/Expenses | $39M |
| INCOME BEFORE TAX | -$68M |
| Income Tax Expense | -$14M |
| Net Income from Continuing Ops | -$54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$54M |
| D&A | $141M |
| EBIT | -$67M |
| EBITDA | $74M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$54M |
| Depreciation & Amortization | $141M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | -$16M |
| Other Non-Cash Items | -$216M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$141M |
| Capital Expenditure | -$340M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$52M |
| Sales/Maturities of Investments | $208M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$178M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | $294M |
| FREE CASH FLOW | -$480M |
| Net Change in Cash | -$24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $60M |
| Short-Term Investments | $87M |
| Net Receivables | $9M |
| Inventory | $1M |
| Other Current Assets | $42M |
| TOTAL CURRENT ASSETS | $214M |
| PP&E (Net) | $423M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $454M |
| TOTAL ASSETS | $668M |
| Account Payables | $22M |
| Short-Term Debt | $146.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $36M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $65.0K |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $23M |
| TOTAL LIABILITIES | $60M |
| Common Stock | $852M |
| Additional Paid-In Capital | $68M |
| Retained Earnings | -$335M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $23M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $608M |
| Minority Interest | $0 |
| TOTAL EQUITY | $608M |
| TOTAL LIABILITIES & EQUITY | $668M |
| Total Debt | $23M |
| Net Debt | -$36M |
