| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $237M | — | $168M | — | 41.1% |
| Op. Income | -$43M | — | -$104M | — | 58.6% |
| Gross Margin | 20.9% | — | 0.8% | — | 20.1pp |
| Net Margin | -14.6% | — | -57.4% | — | 42.8pp |
| EPS (Diluted) | $-0.17 | — | $-0.49 | — | 65.3% |
| Free Cash Flow | $2M | — | -$82M | — | 102.7% |
| Item | Amount |
|---|---|
| REVENUE | $237M |
| Cost of Revenue | $187M |
| GROSS PROFIT | $50M |
| R&D Expenses | $29M |
| Selling & Marketing | $19M |
| General & Administrative | $45M |
| SG&A Expenses | $64M |
| Other Expenses | $0 |
| Operating Expenses | $93M |
| Cost & Expenses | $280M |
| OPERATING INCOME | -$43M |
| Interest Income | $9M |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | -$35M |
| Income Tax Expense | -$108.0K |
| Net Income from Continuing Ops | -$35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$35M |
| D&A | $6M |
| EBIT | -$43M |
| EBITDA | -$38M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$35M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $215M |
| Short-Term Investments | $0 |
| Net Receivables | $62M |
| Inventory | $42M |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $340M |
| PP&E (Net) | $4M |
| Goodwill | $117M |
| Intangible Assets | $33M |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $169M |
| TOTAL ASSETS | $510M |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $77M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $117M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $46M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $50M |
| TOTAL LIABILITIES | $167M |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $628M |
| Retained Earnings | -$286M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$216.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $342M |
| Minority Interest | $0 |
| TOTAL EQUITY | $342M |
| TOTAL LIABILITIES & EQUITY | $510M |
| Total Debt | $1M |
| Net Debt | -$214M |
