| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $306M | — | $298M | — | 2.7% |
| Op. Income | -$47M | — | -$72M | — | 34.3% |
| Gross Margin | 22.1% | — | 20.4% | — | 1.7pp |
| Net Margin | -22.8% | — | -38.0% | — | 15.1pp |
| EPS (Diluted) | $-18.51 | — | $-33.12 | — | 44.1% |
| Free Cash Flow | -$41M | — | -$98M | — | 58.6% |
| Item | Amount |
|---|---|
| REVENUE | $306M |
| Cost of Revenue | $239M |
| GROSS PROFIT | $68M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $115M |
| Other Expenses | $0 |
| Operating Expenses | $115M |
| Cost & Expenses | $354M |
| OPERATING INCOME | -$47M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | -$70M |
| Income Tax Expense | $300.0K |
| Net Income from Continuing Ops | -$70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$70M |
| D&A | $122M |
| EBIT | -$45M |
| EBITDA | $77M |
| EPS | -$19 |
| EPS Diluted | -$19 |
| Item | Amount |
|---|---|
| Net Income | -$70M |
| Depreciation & Amortization | $59M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$54M |
| Acquisitions (Net) | $34M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$300.0K |
| FREE CASH FLOW | -$41M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $77M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $94M |
| PP&E (Net) | $134M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $4M |
| Tax Assets | $270M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $416M |
| TOTAL ASSETS | $510M |
| Account Payables | $13M |
| Short-Term Debt | $6M |
| Deferred Revenue | $10M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $47M |
| Long-Term Debt | $334M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $270M |
| Other Non-Current Liabilities | $400.0K |
| TOTAL NON-CURRENT LIABILITIES | $645M |
| TOTAL LIABILITIES | $692M |
| Common Stock | $0 |
| Additional Paid-In Capital | $941M |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$183M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$183M |
| TOTAL LIABILITIES & EQUITY | $510M |
| Total Debt | $381M |
| Net Debt | $303M |
