| Metric | FY 2021 | Prior Q | FY 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $436M | — | $277M | — | 57.6% |
| Op. Income | -$61M | — | -$301M | — | 79.7% |
| Gross Margin | -1.5% | — | -13.7% | — | 12.3pp |
| Net Margin | -21.5% | — | -120.0% | — | 98.5pp |
| EPS (Diluted) | $-10.78 | — | $-51.11 | — | 78.9% |
| Free Cash Flow | -$67M | — | -$77M | — | 13.6% |
| Item | Amount |
|---|---|
| REVENUE | $436M |
| Cost of Revenue | $443M |
| GROSS PROFIT | -$6M |
| R&D Expenses | $600.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $54M |
| Other Expenses | $0 |
| Operating Expenses | $55M |
| Cost & Expenses | $497M |
| OPERATING INCOME | -$61M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | -$94M |
| Income Tax Expense | $300.0K |
| Net Income from Continuing Ops | -$94M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$94M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$94M |
| D&A | $54M |
| EBIT | -$64M |
| EBITDA | -$10M |
| EPS | -$11 |
| EPS Diluted | -$11 |
| Item | Amount |
|---|---|
| Net Income | -$94M |
| Depreciation & Amortization | $54M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $400.0K |
| Other Non-Cash Items | $117M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | -$56M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $16M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | $27M |
| Common Stock Repurchased | -$300.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$900.0K |
| NET CASH FROM FINANCING | $32M |
| FREE CASH FLOW | -$67M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $0 |
| Net Receivables | $103M |
| Inventory | $22M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $165M |
| PP&E (Net) | $218M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $223M |
| TOTAL ASSETS | $388M |
| Account Payables | $72M |
| Short-Term Debt | $22M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $26M |
| TOTAL CURRENT LIABILITIES | $123M |
| Long-Term Debt | $275M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $316M |
| TOTAL LIABILITIES | $439M |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $478M |
| Retained Earnings | -$525M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$51M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$51M |
| TOTAL LIABILITIES & EQUITY | $388M |
| Total Debt | $337M |
| Net Debt | $309M |
