| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $204M | — | $253M | — | -19.6% |
| Op. Income | -$169M | — | -$18M | — | -856.2% |
| Gross Margin | -32.8% | — | 41.4% | — | -74.2pp |
| Net Margin | -32.1% | — | 9.6% | — | -41.7pp |
| EPS (Diluted) | $-0.57 | — | $0.14 | — | -507.1% |
| Free Cash Flow | -$173M | — | -$199M | — | 13.1% |
| Item | Amount |
|---|---|
| REVENUE | $204M |
| Cost of Revenue | $271M |
| GROSS PROFIT | -$67M |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $83M |
| Other Expenses | $10M |
| Operating Expenses | $103M |
| Cost & Expenses | $373M |
| OPERATING INCOME | -$169M |
| Interest Income | $47M |
| Interest Expense | $23M |
| Other Income/Expenses | $76M |
| INCOME BEFORE TAX | -$93M |
| Income Tax Expense | -$28M |
| Net Income from Continuing Ops | -$65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$65M |
| Net Income Deductions | $32M |
| BOTTOM LINE NET INCOME | -$97M |
| D&A | $78M |
| EBIT | -$70M |
| EBITDA | $8M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$65M |
| Depreciation & Amortization | $78M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | -$28M |
| Other Non-Cash Items | -$53M |
| Change in Working Capital | $58M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$186M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.6B |
| Sales/Maturities of Investments | $1.8B |
| Other Investing Activities | $96.0K |
| NET CASH FROM INVESTING | $10M |
| Net Debt Issuance | $316M |
| Common Stock Repurchased | -$225M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$96M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | -$173M |
| Net Change in Cash | $19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $282M |
| Short-Term Investments | $568M |
| Net Receivables | $62M |
| Inventory | $108M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $1.3B |
| Goodwill | $0 |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $35M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $24M |
| Short-Term Debt | $0 |
| Deferred Revenue | $57M |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $164M |
| Long-Term Debt | $909M |
| Deferred Revenue NC | $63M |
| Deferred Tax Liabilities | $111M |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $18.0K |
| Additional Paid-In Capital | $961M |
| Retained Earnings | $320M |
| Treasury Stock | -$227M |
| Accum. Other Comp. Income | $173.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $915M |
| Net Debt | $632M |
