| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $230M | — | $148M | — | 55.9% |
| Op. Income | -$102M | — | -$85M | — | -20.6% |
| Gross Margin | 26.5% | — | 3.3% | — | 23.2pp |
| Net Margin | -55.6% | — | -73.5% | — | 17.8pp |
| EPS (Diluted) | $-4.15 | — | $-4.24 | — | 2.0% |
| Free Cash Flow | -$71M | — | -$91M | — | 21.4% |
| Item | Amount |
|---|---|
| REVENUE | $230M |
| Cost of Revenue | $169M |
| GROSS PROFIT | $61M |
| R&D Expenses | $0 |
| Selling & Marketing | $15M |
| General & Administrative | $50M |
| SG&A Expenses | $65M |
| Other Expenses | $98M |
| Operating Expenses | $163M |
| Cost & Expenses | $333M |
| OPERATING INCOME | -$102M |
| Interest Income | $2M |
| Interest Expense | $3M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | -$123M |
| Income Tax Expense | $14.2K |
| Net Income from Continuing Ops | -$123M |
| Net Income from Discontinued Ops | -$5M |
| Other Adjustments | $0 |
| NET INCOME | -$128M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$128M |
| D&A | $24M |
| EBIT | -$125M |
| EBITDA | -$100M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$128M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $43M |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | -$29M |
| Capital Expenditure | -$43M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $54M |
| Other Investing Activities | $39.7K |
| NET CASH FROM INVESTING | $9M |
| Net Debt Issuance | $19M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$71M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $3M |
| Net Receivables | $4M |
| Inventory | $7M |
| Other Current Assets | $22M |
| TOTAL CURRENT ASSETS | $67M |
| PP&E (Net) | $225M |
| Goodwill | $0 |
| Intangible Assets | $22M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $257M |
| TOTAL ASSETS | $324M |
| Account Payables | $33M |
| Short-Term Debt | $79M |
| Deferred Revenue | $6M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $204M |
| Long-Term Debt | $62M |
| Deferred Revenue NC | $770.3K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $181M |
| TOTAL LIABILITIES | $385M |
| Common Stock | $1.4K |
| Additional Paid-In Capital | $264M |
| Retained Earnings | -$330M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$62M |
| Minority Interest | $698.1K |
| TOTAL EQUITY | -$62M |
| TOTAL LIABILITIES & EQUITY | $324M |
| Total Debt | $274M |
| Net Debt | $244M |
