| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $281M | — | $259M | — | 8.3% |
| Op. Income | -$63M | — | -$513M | — | 87.7% |
| Gross Margin | 9.4% | — | 25.3% | — | -15.9pp |
| Net Margin | -17.6% | — | -196.6% | — | 179.0pp |
| EPS (Diluted) | $-0.28 | — | $-3.65 | — | 92.3% |
| Free Cash Flow | -$391M | — | -$352M | — | -11.0% |
| Item | Amount |
|---|---|
| REVENUE | $281M |
| Cost of Revenue | $254M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $100M |
| Other Expenses | -$11M |
| Operating Expenses | $89M |
| Cost & Expenses | $344M |
| OPERATING INCOME | -$63M |
| Interest Income | $8M |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | -$55M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | -$49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$49M |
| D&A | $252M |
| EBIT | -$255M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$49M |
| Depreciation & Amortization | $252M |
| Stock-Based Compensation | $32M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | -$195M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$424M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $14M |
| NET CASH FROM INVESTING | -$415M |
| Net Debt Issuance | $861.0K |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$17M |
| NET CASH FROM FINANCING | $749M |
| FREE CASH FLOW | -$391M |
| Net Change in Cash | $367M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $597M |
| Short-Term Investments | $311M |
| Net Receivables | $40M |
| Inventory | $0 |
| Other Current Assets | $60M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $725M |
| Goodwill | $0 |
| Intangible Assets | $16M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $302M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $23M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $57M |
| TOTAL CURRENT LIABILITIES | $121M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $16M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $42M |
| TOTAL LIABILITIES | $163M |
| Common Stock | $2.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$800M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $150.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $21M |
| Net Debt | -$576M |
