| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $464M | — | $489M | — | -5.1% |
| Op. Income | -$28M | — | -$22M | — | -26.3% |
| Gross Margin | 15.0% | — | 14.3% | — | 0.6pp |
| Net Margin | -8.2% | — | -10.2% | — | 2.0pp |
| EPS (Diluted) | $-1.11 | — | $-1.35 | — | 17.8% |
| Free Cash Flow | -$7M | — | $9M | — | -181.9% |
| Item | Amount |
|---|---|
| REVENUE | $464M |
| Cost of Revenue | $395M |
| GROSS PROFIT | $69M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $49M |
| Other Expenses | $48M |
| Operating Expenses | $97M |
| Cost & Expenses | $492M |
| OPERATING INCOME | -$28M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$36M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$54M |
| D&A | $45M |
| EBIT | -$25M |
| EBITDA | $21M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$38M |
| Depreciation & Amortization | $45M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$690.0K |
| Other Non-Cash Items | -$715.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $17M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $306.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18M |
| Short-Term Investments | $0 |
| Net Receivables | $74M |
| Inventory | $62M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $168M |
| PP&E (Net) | $201M |
| Goodwill | $0 |
| Intangible Assets | $44M |
| Long-Term Investments | $35M |
| Tax Assets | $1M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $289M |
| TOTAL ASSETS | $457M |
| Account Payables | $39M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $84M |
| Long-Term Debt | $144M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $108M |
| TOTAL NON-CURRENT LIABILITIES | $298M |
| TOTAL LIABILITIES | $382M |
| Common Stock | $499.0K |
| Additional Paid-In Capital | $456M |
| Retained Earnings | -$334M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$48M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $75M |
| Minority Interest | $0 |
| TOTAL EQUITY | $75M |
| TOTAL LIABILITIES & EQUITY | $457M |
| Total Debt | $197M |
| Net Debt | $179M |
