| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $61M | — | $20M | — | 198.4% |
| Op. Income | -$197M | — | -$51M | — | -286.5% |
| Gross Margin | -8.6% | — | -27.5% | — | 19.0pp |
| Net Margin | -414.3% | — | -366.8% | — | -47.6pp |
| EPS (Diluted) | $-23.04 | — | $-7.45 | — | -209.4% |
| Free Cash Flow | -$72M | — | -$28M | — | -156.4% |
| Item | Amount |
|---|---|
| REVENUE | $61M |
| Cost of Revenue | $66M |
| GROSS PROFIT | -$5M |
| R&D Expenses | $21M |
| Selling & Marketing | $10M |
| General & Administrative | $101M |
| SG&A Expenses | $111M |
| Other Expenses | $60M |
| Operating Expenses | $192M |
| Cost & Expenses | $257M |
| OPERATING INCOME | -$197M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$57M |
| INCOME BEFORE TAX | -$254M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$251M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$251M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$251M |
| D&A | $4M |
| EBIT | -$251M |
| EBITDA | -$247M |
| EPS | -$23 |
| EPS Diluted | -$23 |
| Item | Amount |
|---|---|
| Net Income | -$251M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $48M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $113M |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | -$64M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $678.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$190.0K |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $33M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $11M |
| NET CASH FROM FINANCING | $73M |
| FREE CASH FLOW | -$72M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $18M |
| PP&E (Net) | $61M |
| Goodwill | $0 |
| Intangible Assets | $28M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $93M |
| TOTAL ASSETS | $111M |
| Account Payables | $19M |
| Short-Term Debt | $16M |
| Deferred Revenue | $19M |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $140M |
| Long-Term Debt | $21M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $48M |
| TOTAL LIABILITIES | $188M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $525M |
| Retained Earnings | -$603M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$77M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$77M |
| TOTAL LIABILITIES & EQUITY | $111M |
| Total Debt | $47M |
| Net Debt | $46M |
