| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $826M | — | $820M | — | 0.8% |
| Op. Income | -$4M | — | -$48M | — | 92.6% |
| Gross Margin | 45.9% | — | 48.9% | — | -3.0pp |
| Net Margin | -8.0% | — | -12.0% | — | 4.0pp |
| EPS (Diluted) | $-0.39 | — | $-0.63 | — | 38.1% |
| Free Cash Flow | $8M | — | -$40M | — | 119.1% |
| Item | Amount |
|---|---|
| REVENUE | $826M |
| Cost of Revenue | $447M |
| GROSS PROFIT | $379M |
| R&D Expenses | $191M |
| Selling & Marketing | $137M |
| General & Administrative | $55M |
| SG&A Expenses | $192M |
| Other Expenses | $0 |
| Operating Expenses | $383M |
| Cost & Expenses | $830M |
| OPERATING INCOME | -$4M |
| Interest Income | $337.0K |
| Interest Expense | $28M |
| Other Income/Expenses | -$52M |
| INCOME BEFORE TAX | -$55M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | -$66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$66M |
| D&A | $71M |
| EBIT | -$28M |
| EBITDA | $43M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$66M |
| Depreciation & Amortization | $71M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$100.0K |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$95M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$48M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27M |
| Short-Term Investments | $0 |
| Net Receivables | $268M |
| Inventory | $78M |
| Other Current Assets | $46M |
| TOTAL CURRENT ASSETS | $419M |
| PP&E (Net) | $82M |
| Goodwill | $301M |
| Intangible Assets | $238M |
| Long-Term Investments | $238M |
| Tax Assets | $70M |
| Other Non-Current Assets | -$203M |
| TOTAL NON-CURRENT ASSETS | $725M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $85M |
| Short-Term Debt | $35M |
| Deferred Revenue | $113M |
| Other Current Liabilities | $50M |
| TOTAL CURRENT LIABILITIES | $341M |
| Long-Term Debt | $197M |
| Deferred Revenue NC | $19M |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $89M |
| TOTAL NON-CURRENT LIABILITIES | $350M |
| TOTAL LIABILITIES | $691M |
| Common Stock | $17.0K |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $453M |
| Minority Interest | $0 |
| TOTAL EQUITY | $453M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $287M |
| Net Debt | $260M |
