| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | — | $1.5B | — | -17.5% |
| Op. Income | -$52M | — | -$71M | — | 27.5% |
| Gross Margin | 9.8% | — | 11.2% | — | -1.4pp |
| Net Margin | -3.5% | — | -3.9% | — | 0.4pp |
| EPS (Diluted) | $-2.25 | — | $-3.12 | — | 27.9% |
| Free Cash Flow | -$4M | — | -$34M | — | 87.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $121M |
| R&D Expenses | $0 |
| Selling & Marketing | $14M |
| General & Administrative | $158M |
| SG&A Expenses | $172M |
| Other Expenses | -$264.0K |
| Operating Expenses | $172M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | -$52M |
| Interest Income | $3M |
| Interest Expense | $952.0K |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | -$45M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$43M |
| D&A | $11M |
| EBIT | -$44M |
| EBITDA | -$33M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$43M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | $726.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$213.0K |
| OPERATING CASH FLOW | -$821.0K |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $100M |
| Short-Term Investments | $0 |
| Net Receivables | $67M |
| Inventory | $99M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $284M |
| PP&E (Net) | $112M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $15M |
| Tax Assets | $19M |
| Other Non-Current Assets | -$23M |
| TOTAL NON-CURRENT ASSETS | $124M |
| TOTAL ASSETS | $407M |
| Account Payables | $148M |
| Short-Term Debt | $7M |
| Deferred Revenue | $28M |
| Other Current Liabilities | $41M |
| TOTAL CURRENT LIABILITIES | $244M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $58M |
| TOTAL LIABILITIES | $301M |
| Common Stock | $9M |
| Additional Paid-In Capital | $289M |
| Retained Earnings | -$174M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | -$15M |
| TOTAL STOCKHOLDERS' EQUITY | $106M |
| Minority Interest | $0 |
| TOTAL EQUITY | $106M |
| TOTAL LIABILITIES & EQUITY | $407M |
| Total Debt | $73M |
| Net Debt | -$27M |
