| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $354M | — | $346M | — | 2.3% |
| Op. Income | -$124M | — | -$5M | — | -2507.5% |
| Gross Margin | 37.5% | — | 37.0% | — | 0.5pp |
| Net Margin | -53.6% | — | -20.9% | — | -32.7pp |
| EPS (Diluted) | $-7.19 | — | $-3.04 | — | -136.5% |
| Free Cash Flow | -$102M | — | -$773.0K | — | -13063.5% |
| Item | Amount |
|---|---|
| REVENUE | $354M |
| Cost of Revenue | $221M |
| GROSS PROFIT | $133M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | $233M |
| Operating Expenses | $256M |
| Cost & Expenses | $477M |
| OPERATING INCOME | -$124M |
| Interest Income | $1M |
| Interest Expense | $69M |
| Other Income/Expenses | -$66M |
| INCOME BEFORE TAX | -$190M |
| Income Tax Expense | $262.0K |
| Net Income from Continuing Ops | -$190M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$190M |
| Net Income Deductions | $14M |
| BOTTOM LINE NET INCOME | -$203M |
| D&A | $84M |
| EBIT | -$106M |
| EBITDA | -$22M |
| EPS | -$7 |
| EPS Diluted | -$7 |
| Item | Amount |
|---|---|
| Net Income | -$190M |
| Depreciation & Amortization | $83M |
| Stock-Based Compensation | $613.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $24M |
| Change in Working Capital | $558.0K |
| OPERATING CASH FLOW | -$80M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $93M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | $64M |
| Net Debt Issuance | $13M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$184.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$102M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $0 |
| Net Receivables | $23M |
| Inventory | $0 |
| Other Current Assets | $52M |
| TOTAL CURRENT ASSETS | $97M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $55M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.8B |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $90M |
| Short-Term Debt | $362M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $463M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | -$1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $685M |
| Minority Interest | $6M |
| TOTAL EQUITY | $690M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $1.1B |
| Net Debt | $1.1B |
