| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | — | $3.5B | — | -41.2% |
| Op. Income | $224M | — | $159M | — | 40.3% |
| Gross Margin | 49.6% | — | 30.5% | — | 19.0pp |
| Net Margin | -18.5% | — | 1.0% | — | -19.6pp |
| EPS (Diluted) | $-2.20 | — | $0.21 | — | -1147.6% |
| Free Cash Flow | -$23M | — | $51M | — | -145.8% |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $29M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $778M |
| Other Expenses | $0 |
| Operating Expenses | $807M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $224M |
| Interest Income | $0 |
| Interest Expense | $162M |
| Other Income/Expenses | -$267M |
| INCOME BEFORE TAX | -$44M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | -$61M |
| Net Income from Discontinued Ops | -$324M |
| Other Adjustments | $0 |
| NET INCOME | -$386M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$386M |
| D&A | $113M |
| EBIT | $65M |
| EBITDA | $177M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$386M |
| Depreciation & Amortization | $160M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$51M |
| Other Non-Cash Items | $363M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $79M |
| Capital Expenditure | -$103M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$19M |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | -$26M |
| NET CASH FROM INVESTING | -$123M |
| Net Debt Issuance | -$56M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$35M |
| Other Financing Activities | $60M |
| NET CASH FROM FINANCING | -$31M |
| FREE CASH FLOW | -$23M |
| Net Change in Cash | -$69M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $600M |
| Short-Term Investments | $22M |
| Net Receivables | $764M |
| Inventory | $63M |
| Other Current Assets | $608M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $404M |
| Goodwill | $734M |
| Intangible Assets | $20M |
| Long-Term Investments | $250M |
| Tax Assets | $0 |
| Other Non-Current Assets | $805M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $829M |
| Short-Term Debt | $59M |
| Deferred Revenue | $717M |
| Other Current Liabilities | $118M |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $74M |
| Deferred Tax Liabilities | $211M |
| Other Non-Current Liabilities | $243M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $4.6B |
| Common Stock | $270M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $3.1B |
| Treasury Stock | -$2.9B |
| Accum. Other Comp. Income | -$851M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$369M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$369M |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $2.3B |
| Net Debt | $1.7B |
