| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $355M | — | $440M | — | -19.2% |
| Op. Income | -$20M | — | $9M | — | -331.3% |
| Gross Margin | 41.7% | — | 43.5% | — | -1.8pp |
| Net Margin | -5.4% | — | 0.8% | — | -6.3pp |
| EPS (Diluted) | $-0.03 | — | $0.01 | — | -603.1% |
| Free Cash Flow | $14M | — | $1M | — | 1039.8% |
| Item | Amount |
|---|---|
| REVENUE | $355M |
| Cost of Revenue | $207M |
| GROSS PROFIT | $148M |
| R&D Expenses | $0 |
| Selling & Marketing | $76M |
| General & Administrative | $92M |
| SG&A Expenses | $168M |
| Other Expenses | $0 |
| Operating Expenses | $168M |
| Cost & Expenses | $375M |
| OPERATING INCOME | -$20M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$795.0K |
| INCOME BEFORE TAX | -$21M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$19M |
| D&A | $5M |
| EBIT | -$19M |
| EBITDA | -$14M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$68.0K |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$18M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $35M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $53M |
| PP&E (Net) | $34M |
| Goodwill | $35M |
| Intangible Assets | $22M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $97M |
| TOTAL ASSETS | $149M |
| Account Payables | $9M |
| Short-Term Debt | $8M |
| Deferred Revenue | $13M |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $62M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $27M |
| TOTAL LIABILITIES | $88M |
| Common Stock | $41.0K |
| Additional Paid-In Capital | $254M |
| Retained Earnings | -$193M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $61M |
| Minority Interest | $0 |
| TOTAL EQUITY | $61M |
| TOTAL LIABILITIES & EQUITY | $149M |
| Total Debt | $39M |
| Net Debt | $37M |
