| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $422M | — | $147M | — | 186.5% |
| Op. Income | -$63M | — | -$111M | — | 43.1% |
| Gross Margin | 32.8% | — | 15.4% | — | 17.4pp |
| Net Margin | -26.4% | — | -81.0% | — | 54.6pp |
| EPS (Diluted) | $-2.23 | — | $-2.41 | — | 7.5% |
| Free Cash Flow | -$40M | — | -$64M | — | 37.1% |
| Item | Amount |
|---|---|
| REVENUE | $422M |
| Cost of Revenue | $283M |
| GROSS PROFIT | $138M |
| R&D Expenses | $0 |
| Selling & Marketing | $61M |
| General & Administrative | $96M |
| SG&A Expenses | $157M |
| Other Expenses | $44M |
| Operating Expenses | $201M |
| Cost & Expenses | $485M |
| OPERATING INCOME | -$63M |
| Interest Income | $0 |
| Interest Expense | $37M |
| Other Income/Expenses | -$39M |
| INCOME BEFORE TAX | -$102M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | -$108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$116M |
| D&A | $45M |
| EBIT | -$65M |
| EBITDA | -$20M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$111M |
| Depreciation & Amortization | $56M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $63M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$38M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$50M |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | -$40M |
| Net Change in Cash | -$57M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $87M |
| Short-Term Investments | $14M |
| Net Receivables | $0 |
| Inventory | $12M |
| Other Current Assets | $50M |
| TOTAL CURRENT ASSETS | $183M |
| PP&E (Net) | $539M |
| Goodwill | $42M |
| Intangible Assets | $11M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $605M |
| TOTAL ASSETS | $788M |
| Account Payables | $17M |
| Short-Term Debt | $23M |
| Deferred Revenue | $245M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $341M |
| Long-Term Debt | $529M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $88.0K |
| TOTAL NON-CURRENT LIABILITIES | $533M |
| TOTAL LIABILITIES | $874M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $84M |
| Retained Earnings | -$267M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$114M |
| Minority Interest | $28M |
| TOTAL EQUITY | -$86M |
| TOTAL LIABILITIES & EQUITY | $788M |
| Total Debt | $557M |
| Net Debt | $470M |
