| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | — | $1.7B | — | -13.0% |
| Op. Income | -$71M | — | -$50M | — | -43.5% |
| Gross Margin | 11.2% | — | 12.6% | — | -1.4pp |
| Net Margin | -3.9% | — | -3.3% | — | -0.6pp |
| EPS (Diluted) | $-3.12 | — | $-3.08 | — | -1.3% |
| Free Cash Flow | -$34M | — | $11M | — | -402.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $168M |
| R&D Expenses | $0 |
| Selling & Marketing | $13M |
| General & Administrative | $226M |
| SG&A Expenses | $239M |
| Other Expenses | $0 |
| Operating Expenses | $239M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | -$71M |
| Interest Income | $2M |
| Interest Expense | $3M |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | -$62M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$59M |
| D&A | $13M |
| EBIT | -$59M |
| EBITDA | -$46M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$59M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $34M |
| Deferred Income Tax | -$679.0K |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | $176.0K |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | -$774.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$774.0K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$34M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $103M |
| Short-Term Investments | $0 |
| Net Receivables | $84M |
| Inventory | $136M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $344M |
| PP&E (Net) | $139M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2M |
| Tax Assets | $2M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $155M |
| TOTAL ASSETS | $499M |
| Account Payables | $207M |
| Short-Term Debt | $8M |
| Deferred Revenue | $26M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $297M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $73M |
| TOTAL LIABILITIES | $370M |
| Common Stock | $8M |
| Additional Paid-In Capital | $267M |
| Retained Earnings | -$131M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $194.0K |
| Other Equity | -$15M |
| TOTAL STOCKHOLDERS' EQUITY | $129M |
| Minority Interest | $0 |
| TOTAL EQUITY | $129M |
| TOTAL LIABILITIES & EQUITY | $499M |
| Total Debt | $91M |
| Net Debt | -$12M |
