| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $242M | — | $93M | — | 158.5% |
| Op. Income | -$29M | — | -$31M | — | 8.6% |
| Gross Margin | 63.8% | — | 69.8% | — | -6.1pp |
| Net Margin | -10.4% | — | -38.8% | — | 28.4pp |
| EPS (Diluted) | $-0.77 | — | $-1.23 | — | 37.4% |
| Free Cash Flow | -$192M | — | -$58M | — | -232.8% |
| Item | Amount |
|---|---|
| REVENUE | $242M |
| Cost of Revenue | $88M |
| GROSS PROFIT | $154M |
| R&D Expenses | $63M |
| Selling & Marketing | $0 |
| General & Administrative | $120M |
| SG&A Expenses | $120M |
| Other Expenses | $0 |
| Operating Expenses | $183M |
| Cost & Expenses | $270M |
| OPERATING INCOME | -$29M |
| Interest Income | $13M |
| Interest Expense | $11M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$27M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$25M |
| D&A | $8M |
| EBIT | -$16M |
| EBITDA | -$8M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $30M |
| Change in Working Capital | -$44M |
| OPERATING CASH FLOW | -$13M |
| Capital Expenditure | -$179M |
| Acquisitions (Net) | -$15M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$27M |
| NET CASH FROM INVESTING | -$194M |
| Net Debt Issuance | $445M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$45M |
| NET CASH FROM FINANCING | $400M |
| FREE CASH FLOW | -$192M |
| Net Change in Cash | $194M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $395M |
| Short-Term Investments | $0 |
| Net Receivables | $64M |
| Inventory | $44M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $511M |
| PP&E (Net) | $180M |
| Goodwill | $12M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $562.0K |
| TOTAL NON-CURRENT ASSETS | $195M |
| TOTAL ASSETS | $706M |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $55M |
| Long-Term Debt | $506M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $514M |
| TOTAL LIABILITIES | $569M |
| Common Stock | $641M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$504M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$199.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $137M |
| Minority Interest | $0 |
| TOTAL EQUITY | $137M |
| TOTAL LIABILITIES & EQUITY | $706M |
| Total Debt | $516M |
| Net Debt | $121M |
