| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | — | $1.0B | — | 31.8% |
| Op. Income | $65M | — | $12M | — | 457.3% |
| Gross Margin | 45.2% | — | 47.4% | — | -2.2pp |
| Net Margin | -2.6% | — | -5.8% | — | 3.3pp |
| EPS (Diluted) | $-0.20 | — | $-0.35 | — | 42.9% |
| Free Cash Flow | $4M | — | -$29M | — | 112.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $724M |
| GROSS PROFIT | $598M |
| R&D Expenses | $34M |
| Selling & Marketing | $500M |
| General & Administrative | $0 |
| SG&A Expenses | $500M |
| Other Expenses | $0 |
| Operating Expenses | $533M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $65M |
| Interest Income | $0 |
| Interest Expense | $94M |
| Other Income/Expenses | -$94M |
| INCOME BEFORE TAX | -$29M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | -$34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$34M |
| D&A | $25M |
| EBIT | $64M |
| EBITDA | $89M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$34M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $29M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$39M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$41M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $0 |
| Net Receivables | $271M |
| Inventory | $9M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $333M |
| PP&E (Net) | $42M |
| Goodwill | $29M |
| Intangible Assets | $24M |
| Long-Term Investments | $724M |
| Tax Assets | $0 |
| Other Non-Current Assets | $41M |
| TOTAL NON-CURRENT ASSETS | $861M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $37M |
| Short-Term Debt | $46M |
| Deferred Revenue | $13M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $175M |
| Long-Term Debt | $637M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $37M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $703M |
| TOTAL LIABILITIES | $877M |
| Common Stock | $2M |
| Additional Paid-In Capital | $581M |
| Retained Earnings | -$270M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $317M |
| Minority Interest | $0 |
| TOTAL EQUITY | $317M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $714M |
| Net Debt | $671M |
