| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $570M | — | $422M | — | 35.1% |
| Op. Income | $11M | — | -$63M | — | 116.8% |
| Gross Margin | 43.4% | — | 32.8% | — | 10.6pp |
| Net Margin | -8.0% | — | -26.4% | — | 18.4pp |
| EPS (Diluted) | $-0.94 | — | $-2.23 | — | 57.8% |
| Free Cash Flow | -$5M | — | -$40M | — | 88.8% |
| Item | Amount |
|---|---|
| REVENUE | $570M |
| Cost of Revenue | $322M |
| GROSS PROFIT | $247M |
| R&D Expenses | $0 |
| Selling & Marketing | $71M |
| General & Administrative | $118M |
| SG&A Expenses | $190M |
| Other Expenses | $47M |
| Operating Expenses | $237M |
| Cost & Expenses | $559M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $45M |
| Other Income/Expenses | -$48M |
| INCOME BEFORE TAX | -$38M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$50M |
| D&A | $48M |
| EBIT | $7M |
| EBITDA | $55M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$46M |
| Depreciation & Amortization | $55M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $15M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $69M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | $61M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $71M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $157M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $5M |
| Other Current Assets | $56M |
| TOTAL CURRENT ASSETS | $245M |
| PP&E (Net) | $526M |
| Goodwill | $42M |
| Intangible Assets | $9M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $587M |
| TOTAL ASSETS | $831M |
| Account Payables | $16M |
| Short-Term Debt | $47.0K |
| Deferred Revenue | $252M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $319M |
| Long-Term Debt | $622M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $626M |
| TOTAL LIABILITIES | $945M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $97M |
| Retained Earnings | -$322M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$152M |
| Minority Interest | $38M |
| TOTAL EQUITY | -$114M |
| TOTAL LIABILITIES & EQUITY | $831M |
| Total Debt | $624M |
| Net Debt | $467M |
