| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | — | $1.6B | — | -5.3% |
| Op. Income | -$78M | — | $25M | — | -413.5% |
| Gross Margin | 42.5% | — | 38.2% | — | 4.3pp |
| Net Margin | -8.9% | — | -0.8% | — | -8.1pp |
| EPS (Diluted) | $-4.09 | — | $-0.38 | — | -976.3% |
| Free Cash Flow | $96M | — | -$68M | — | 240.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $847M |
| GROSS PROFIT | $626M |
| R&D Expenses | $0 |
| Selling & Marketing | $201M |
| General & Administrative | $350M |
| SG&A Expenses | $550M |
| Other Expenses | $153M |
| Operating Expenses | $703M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | -$78M |
| Interest Income | $0 |
| Interest Expense | $48M |
| Other Income/Expenses | -$54M |
| INCOME BEFORE TAX | -$132M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$131M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$131M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$131M |
| D&A | $38M |
| EBIT | -$84M |
| EBITDA | -$45M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$131M |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $115M |
| Change in Working Capital | $102M |
| OPERATING CASH FLOW | $131M |
| Capital Expenditure | -$35M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7.0K |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | -$92M |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$110M |
| FREE CASH FLOW | $96M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25M |
| Short-Term Investments | $0 |
| Net Receivables | $35M |
| Inventory | $302M |
| Other Current Assets | $48M |
| TOTAL CURRENT ASSETS | $410M |
| PP&E (Net) | $141M |
| Goodwill | $0 |
| Intangible Assets | $257M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $401M |
| TOTAL ASSETS | $811M |
| Account Payables | $132M |
| Short-Term Debt | $13M |
| Deferred Revenue | $40M |
| Other Current Liabilities | $67M |
| TOTAL CURRENT LIABILITIES | $260M |
| Long-Term Debt | $236M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $48M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $310M |
| TOTAL LIABILITIES | $570M |
| Common Stock | $315.0K |
| Additional Paid-In Capital | $357M |
| Retained Earnings | -$99M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $242M |
| Minority Interest | $0 |
| TOTAL EQUITY | $242M |
| TOTAL LIABILITIES & EQUITY | $811M |
| Total Debt | $278M |
| Net Debt | $253M |
