| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | — | $19M | — | 41.5% |
| Op. Income | -$117M | — | -$95M | — | -23.7% |
| Gross Margin | 8.0% | — | 11.4% | — | -3.3pp |
| Net Margin | -450.0% | — | -570.4% | — | 120.3pp |
| EPS (Diluted) | $-15.61 | — | $-13.92 | — | -12.1% |
| Free Cash Flow | -$195M | — | -$131M | — | -49.6% |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $2M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $65M |
| Other Expenses | $38M |
| Operating Expenses | $119M |
| Cost & Expenses | $144M |
| OPERATING INCOME | -$117M |
| Interest Income | $0 |
| Interest Expense | $26M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | -$124M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$124M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$124M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$124M |
| D&A | $13M |
| EBIT | -$98M |
| EBITDA | -$85M |
| EPS | -$16 |
| EPS Diluted | -$16 |
| Item | Amount |
|---|---|
| Net Income | -$124M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $56M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | -$33M |
| Capital Expenditure | -$162M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$162M |
| Net Debt Issuance | $153M |
| Common Stock Repurchased | -$3.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $35M |
| NET CASH FROM FINANCING | $187M |
| FREE CASH FLOW | -$195M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $4M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $27M |
| PP&E (Net) | $313M |
| Goodwill | $0 |
| Intangible Assets | $41M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $73.0K |
| TOTAL NON-CURRENT ASSETS | $355M |
| TOTAL ASSETS | $382M |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $32M |
| Long-Term Debt | $278M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $335M |
| TOTAL LIABILITIES | $366M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $319M |
| Retained Earnings | -$303M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15M |
| Minority Interest | $0 |
| TOTAL EQUITY | $15M |
| TOTAL LIABILITIES & EQUITY | $382M |
| Total Debt | $327M |
| Net Debt | $317M |
