| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $247M | — | $222M | — | 11.6% |
| Op. Income | -$8M | — | -$19M | — | 56.9% |
| Gross Margin | 18.5% | — | 18.8% | — | -0.3pp |
| Net Margin | -10.5% | — | -16.5% | — | 6.1pp |
| EPS (Diluted) | $-5.96 | — | $-8.97 | — | 33.6% |
| Free Cash Flow | -$33M | — | -$18M | — | -77.4% |
| Item | Amount |
|---|---|
| REVENUE | $247M |
| Cost of Revenue | $201M |
| GROSS PROFIT | $46M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $38M |
| Operating Expenses | $54M |
| Cost & Expenses | $255M |
| OPERATING INCOME | -$8M |
| Interest Income | $1M |
| Interest Expense | $19M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | -$26M |
| Income Tax Expense | $143.0K |
| Net Income from Continuing Ops | -$26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$26M |
| D&A | $141M |
| EBIT | $21M |
| EBITDA | $161M |
| EPS | -$6 |
| EPS Diluted | -$6 |
| Item | Amount |
|---|---|
| Net Income | -$26M |
| Depreciation & Amortization | $141M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $59M |
| Change in Working Capital | -$212M |
| OPERATING CASH FLOW | -$33M |
| Capital Expenditure | -$54.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $22M |
| Common Stock Repurchased | -$613.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $211.0K |
| NET CASH FROM FINANCING | $22M |
| FREE CASH FLOW | -$33M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $87M |
| TOTAL CURRENT ASSETS | $90M |
| PP&E (Net) | $636.0K |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $91.0K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $93M |
| Account Payables | $1M |
| Short-Term Debt | $113M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $139M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $828.0K |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $140M |
| Common Stock | $0 |
| Additional Paid-In Capital | $102M |
| Retained Earnings | -$148M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$47M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$47M |
| TOTAL LIABILITIES & EQUITY | $93M |
| Total Debt | $113M |
| Net Debt | $110M |
