| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $148M | — | $94M | — | 57.2% |
| Op. Income | -$85M | — | -$55M | — | -55.2% |
| Gross Margin | 3.3% | — | 2.1% | — | 1.1pp |
| Net Margin | -73.5% | — | -59.3% | — | -14.1pp |
| EPS (Diluted) | $-4.24 | — | $-2.07 | — | -104.4% |
| Free Cash Flow | -$91M | — | -$85M | — | -7.2% |
| Item | Amount |
|---|---|
| REVENUE | $148M |
| Cost of Revenue | $143M |
| GROSS PROFIT | $5M |
| R&D Expenses | $0 |
| Selling & Marketing | $12M |
| General & Administrative | $42M |
| SG&A Expenses | $54M |
| Other Expenses | $33M |
| Operating Expenses | $87M |
| Cost & Expenses | $233M |
| OPERATING INCOME | -$85M |
| Interest Income | $395.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | -$109M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$109M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$109M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$109M |
| D&A | $19M |
| EBIT | -$83M |
| EBITDA | -$63M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$109M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $47M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$42M |
| Capital Expenditure | -$49M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$54M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$103M |
| Net Debt Issuance | $31M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $86M |
| NET CASH FROM FINANCING | $121M |
| FREE CASH FLOW | -$91M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $55M |
| Net Receivables | $820.8K |
| Inventory | $10M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $116M |
| PP&E (Net) | $244M |
| Goodwill | -$14.0B |
| Intangible Assets | $14.0B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $270M |
| TOTAL ASSETS | $386M |
| Account Payables | $17M |
| Short-Term Debt | $60M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $64M |
| TOTAL CURRENT LIABILITIES | $193M |
| Long-Term Debt | $53M |
| Deferred Revenue NC | $483.8K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $177M |
| TOTAL LIABILITIES | $370M |
| Common Stock | $1.3K |
| Additional Paid-In Capital | $215M |
| Retained Earnings | -$202M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16M |
| Minority Interest | $212.5K |
| TOTAL EQUITY | $16M |
| TOTAL LIABILITIES & EQUITY | $386M |
| Total Debt | $259M |
| Net Debt | $224M |
