| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $199M | — | $100M | — | 99.4% |
| Op. Income | $9M | — | -$64M | — | 113.5% |
| Gross Margin | 68.5% | — | 42.4% | — | 26.1pp |
| Net Margin | -6.0% | — | -87.6% | — | 81.6pp |
| EPS (Diluted) | $-0.04 | — | $-0.44 | — | 89.8% |
| Free Cash Flow | -$8M | — | -$88M | — | 90.5% |
| Item | Amount |
|---|---|
| REVENUE | $199M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $136M |
| R&D Expenses | $31M |
| Selling & Marketing | $52M |
| General & Administrative | $43M |
| SG&A Expenses | $94M |
| Other Expenses | $2M |
| Operating Expenses | $128M |
| Cost & Expenses | $190M |
| OPERATING INCOME | $9M |
| Interest Income | $6M |
| Interest Expense | $25M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $5M |
| EBIT | $11M |
| EBITDA | $15M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$42M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$79M |
| Sales/Maturities of Investments | $119M |
| Other Investing Activities | $382.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $137M |
| NET CASH FROM FINANCING | $137M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | $169M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $238M |
| Short-Term Investments | $57M |
| Net Receivables | $15M |
| Inventory | $29M |
| Other Current Assets | $35M |
| TOTAL CURRENT ASSETS | $373M |
| PP&E (Net) | $84M |
| Goodwill | $2M |
| Intangible Assets | $1M |
| Long-Term Investments | $7M |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $102M |
| TOTAL ASSETS | $475M |
| Account Payables | $10M |
| Short-Term Debt | $20M |
| Deferred Revenue | $9M |
| Other Current Liabilities | $31M |
| TOTAL CURRENT LIABILITIES | $104M |
| Long-Term Debt | $249M |
| Deferred Revenue NC | $70M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $295M |
| TOTAL NON-CURRENT LIABILITIES | $617M |
| TOTAL LIABILITIES | $721M |
| Common Stock | $3M |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | -$3.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$246M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$246M |
| TOTAL LIABILITIES & EQUITY | $475M |
| Total Debt | $273M |
| Net Debt | $34M |
