| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $569M | — | $623M | — | -8.6% |
| Op. Income | -$50M | — | -$28M | — | -80.9% |
| Gross Margin | 26.3% | — | 26.6% | — | -0.3pp |
| Net Margin | -8.1% | — | -5.5% | — | -2.6pp |
| EPS (Diluted) | $-1.54 | — | $-1.16 | — | -32.8% |
| Free Cash Flow | -$50M | — | -$21M | — | -142.8% |
| Item | Amount |
|---|---|
| REVENUE | $569M |
| Cost of Revenue | $420M |
| GROSS PROFIT | $150M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $200M |
| SG&A Expenses | $200M |
| Other Expenses | -$532.0K |
| Operating Expenses | $199M |
| Cost & Expenses | $619M |
| OPERATING INCOME | -$50M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$46M |
| Income Tax Expense | $217.0K |
| Net Income from Continuing Ops | -$46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$46M |
| D&A | $13M |
| EBIT | -$50M |
| EBITDA | -$37M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$46M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | -$42M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$75M |
| Sales/Maturities of Investments | $99M |
| Other Investing Activities | $24.0K |
| NET CASH FROM INVESTING | $16M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $294.0K |
| FREE CASH FLOW | -$50M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $26M |
| Net Receivables | $4M |
| Inventory | $69M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $131M |
| PP&E (Net) | $210M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $212M |
| TOTAL ASSETS | $342M |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $14M |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $99M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $149.0K |
| TOTAL NON-CURRENT LIABILITIES | $142M |
| TOTAL LIABILITIES | $242M |
| Common Stock | $30.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$74M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $203.0K |
| Other Equity | $175M |
| TOTAL STOCKHOLDERS' EQUITY | $101M |
| Minority Interest | $0 |
| TOTAL EQUITY | $101M |
| TOTAL LIABILITIES & EQUITY | $342M |
| Total Debt | $194M |
| Net Debt | $173M |
