| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $489M | — | $499M | — | -1.9% |
| Op. Income | -$22M | — | -$21M | — | -3.4% |
| Gross Margin | 14.3% | — | 15.6% | — | -1.2pp |
| Net Margin | -10.2% | — | -5.2% | — | -5.0pp |
| EPS (Diluted) | $-1.35 | — | $-0.73 | — | -84.9% |
| Free Cash Flow | $9M | — | -$10M | — | 186.4% |
| Item | Amount |
|---|---|
| REVENUE | $489M |
| Cost of Revenue | $419M |
| GROSS PROFIT | $70M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $47M |
| Other Expenses | $44M |
| Operating Expenses | $92M |
| Cost & Expenses | $511M |
| OPERATING INCOME | -$22M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | -$48M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$63M |
| D&A | $46M |
| EBIT | -$33M |
| EBITDA | $13M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$50M |
| Depreciation & Amortization | $46M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | -$747.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $0 |
| Net Receivables | $77M |
| Inventory | $72M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $183M |
| PP&E (Net) | $229M |
| Goodwill | $0 |
| Intangible Assets | $59M |
| Long-Term Investments | $33M |
| Tax Assets | $734.0K |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $328M |
| TOTAL ASSETS | $511M |
| Account Payables | $45M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $82M |
| Long-Term Debt | $149M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $226M |
| TOTAL LIABILITIES | $308M |
| Common Stock | $473.0K |
| Additional Paid-In Capital | $458M |
| Retained Earnings | -$295M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$38M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $203M |
| Minority Interest | $0 |
| TOTAL EQUITY | $203M |
| TOTAL LIABILITIES & EQUITY | $511M |
| Total Debt | $213M |
| Net Debt | $191M |
