| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $339M | — | $321M | — | 5.7% |
| Op. Income | -$64M | — | -$32M | — | -101.0% |
| Gross Margin | 32.1% | — | 24.4% | — | 7.7pp |
| Net Margin | -28.3% | — | -8.6% | — | -19.8pp |
| EPS (Diluted) | $-8.85 | — | $-2.56 | — | -245.7% |
| Free Cash Flow | -$97M | — | -$118M | — | 17.2% |
| Item | Amount |
|---|---|
| REVENUE | $339M |
| Cost of Revenue | $230M |
| GROSS PROFIT | $109M |
| R&D Expenses | $622.0K |
| Selling & Marketing | $68M |
| General & Administrative | $33M |
| SG&A Expenses | $101M |
| Other Expenses | $71M |
| Operating Expenses | $173M |
| Cost & Expenses | $403M |
| OPERATING INCOME | -$64M |
| Interest Income | $0 |
| Interest Expense | $42M |
| Other Income/Expenses | -$39M |
| INCOME BEFORE TAX | -$103M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | -$96M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$96M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$96M |
| D&A | $47M |
| EBIT | -$59M |
| EBITDA | -$12M |
| EPS | -$9 |
| EPS Diluted | -$9 |
| Item | Amount |
|---|---|
| Net Income | -$96M |
| Depreciation & Amortization | $47M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | $37M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$93M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$528.0K |
| NET CASH FROM INVESTING | -$93M |
| Net Debt Issuance | $198M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | $179M |
| FREE CASH FLOW | -$97M |
| Net Change in Cash | $81M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $93M |
| Short-Term Investments | $0 |
| Net Receivables | $24M |
| Inventory | $7M |
| Other Current Assets | $102M |
| TOTAL CURRENT ASSETS | $243M |
| PP&E (Net) | $367M |
| Goodwill | $130M |
| Intangible Assets | $29M |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $556M |
| TOTAL ASSETS | $798M |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $19M |
| Other Current Liabilities | $128M |
| TOTAL CURRENT LIABILITIES | $201M |
| Long-Term Debt | $545M |
| Deferred Revenue NC | $21M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $587M |
| TOTAL LIABILITIES | $789M |
| Common Stock | $34M |
| Additional Paid-In Capital | $14M |
| Retained Earnings | -$40M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10M |
| Minority Interest | $0 |
| TOTAL EQUITY | $10M |
| TOTAL LIABILITIES & EQUITY | $798M |
| Total Debt | $568M |
| Net Debt | $476M |
