| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $722M | — | $643M | — | 12.3% |
| Op. Income | -$396M | — | -$214M | — | -85.3% |
| Gross Margin | 11.1% | — | 24.1% | — | -13.0pp |
| Net Margin | -54.4% | — | -33.0% | — | -21.3pp |
| EPS (Diluted) | $-13.25 | — | $-7.71 | — | -71.9% |
| Free Cash Flow | -$475M | — | -$495M | — | 4.1% |
| Item | Amount |
|---|---|
| REVENUE | $722M |
| Cost of Revenue | $642M |
| GROSS PROFIT | $80M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $413M |
| Other Expenses | $41M |
| Operating Expenses | $476M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | -$396M |
| Interest Income | $2M |
| Interest Expense | $15M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$397M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | -$393M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$393M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$393M |
| D&A | $48M |
| EBIT | -$383M |
| EBITDA | -$335M |
| EPS | -$13 |
| EPS Diluted | -$13 |
| Item | Amount |
|---|---|
| Net Income | -$393M |
| Depreciation & Amortization | $48M |
| Stock-Based Compensation | $35M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $61M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | -$269M |
| Capital Expenditure | -$206M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $236M |
| NET CASH FROM INVESTING | $35M |
| Net Debt Issuance | $36M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $36M |
| FREE CASH FLOW | -$475M |
| Net Change in Cash | -$213M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $83M |
| Short-Term Investments | $0 |
| Net Receivables | $116M |
| Inventory | $114M |
| Other Current Assets | $143M |
| TOTAL CURRENT ASSETS | $482M |
| PP&E (Net) | $602M |
| Goodwill | $113M |
| Intangible Assets | $15M |
| Long-Term Investments | $5M |
| Tax Assets | $6M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $743M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $83M |
| Short-Term Debt | $50M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $56M |
| TOTAL CURRENT LIABILITIES | $342M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $92M |
| TOTAL LIABILITIES | $434M |
| Common Stock | $105.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$666M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$171M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $791M |
| Minority Interest | $0 |
| TOTAL EQUITY | $791M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $152M |
| Net Debt | $69M |
