| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $277M | — | $268M | — | 3.0% |
| Op. Income | $10M | — | $85M | — | -88.5% |
| Gross Margin | 53.5% | — | 51.9% | — | 1.6pp |
| Net Margin | -60.4% | — | -39.6% | — | -20.8pp |
| EPS (Diluted) | $-9.97 | — | $-6.96 | — | -43.2% |
| Free Cash Flow | -$27M | — | -$189.0K | — | -14000.0% |
| Item | Amount |
|---|---|
| REVENUE | $277M |
| Cost of Revenue | $129M |
| GROSS PROFIT | $148M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $130M |
| Other Expenses | $8M |
| Operating Expenses | $138M |
| Cost & Expenses | $267M |
| OPERATING INCOME | $10M |
| Interest Income | $552.0K |
| Interest Expense | $43M |
| Other Income/Expenses | -$181M |
| INCOME BEFORE TAX | -$171M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$167M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$167M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$167M |
| D&A | $61M |
| EBIT | -$128M |
| EBITDA | -$67M |
| EPS | -$10 |
| EPS Diluted | -$10 |
| Item | Amount |
|---|---|
| Net Income | -$167M |
| Depreciation & Amortization | $61M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$11M |
| Other Non-Cash Items | $90M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$120M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | $19M |
| FREE CASH FLOW | -$27M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27M |
| Short-Term Investments | $0 |
| Net Receivables | $55M |
| Inventory | $8M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $102M |
| PP&E (Net) | $20M |
| Goodwill | $295M |
| Intangible Assets | $168M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $485M |
| TOTAL ASSETS | $587M |
| Account Payables | $24M |
| Short-Term Debt | $2M |
| Deferred Revenue | $9M |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $72M |
| Long-Term Debt | $296M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $159M |
| TOTAL NON-CURRENT LIABILITIES | $478M |
| TOTAL LIABILITIES | $550M |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $461M |
| Retained Earnings | -$415M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $37M |
| Minority Interest | $0 |
| TOTAL EQUITY | $37M |
| TOTAL LIABILITIES & EQUITY | $587M |
| Total Debt | $309M |
| Net Debt | $282M |
