| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $522M | — | $594M | — | -12.0% |
| Op. Income | -$6M | — | $52M | — | -110.6% |
| Gross Margin | 9.1% | — | 14.5% | — | -5.4pp |
| Net Margin | -3.7% | — | 4.7% | — | -8.4pp |
| EPS (Diluted) | $-0.27 | — | $0.37 | — | -173.0% |
| Free Cash Flow | -$6M | — | $70M | — | -108.2% |
| Item | Amount |
|---|---|
| REVENUE | $522M |
| Cost of Revenue | $475M |
| GROSS PROFIT | $48M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $42M |
| Other Expenses | $12M |
| Operating Expenses | $53M |
| Cost & Expenses | $528M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $34M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | -$26M |
| Income Tax Expense | -$7M |
| 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 | $74M |
| EBIT | $8M |
| EBITDA | $83M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $74M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $15M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $87M |
| Capital Expenditure | -$92M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$271M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $218M |
| NET CASH FROM INVESTING | -$53M |
| Net Debt Issuance | -$100M |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$114M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$81M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $164M |
| Net Receivables | $39M |
| Inventory | $68M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $310M |
| PP&E (Net) | $876M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $877M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $83M |
| Short-Term Debt | $29M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $136M |
| Long-Term Debt | $476M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $62M |
| Other Non-Current Liabilities | $456.0K |
| TOTAL NON-CURRENT LIABILITIES | $560M |
| TOTAL LIABILITIES | $696M |
| Common Stock | $9M |
| Additional Paid-In Capital | $505M |
| Retained Earnings | $208M |
| Treasury Stock | -$230M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $492M |
| Minority Interest | $0 |
| TOTAL EQUITY | $492M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $526M |
| Net Debt | $506M |
