| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $245M | — | $204M | — | 20.4% |
| Op. Income | -$217M | — | -$235M | — | 7.5% |
| Gross Margin | 36.6% | — | 41.4% | — | -4.8pp |
| Net Margin | -83.5% | — | -107.0% | — | 23.5pp |
| EPS (Diluted) | $-3.60 | — | $-4.04 | — | 10.9% |
| Free Cash Flow | -$170M | — | -$226M | — | 24.7% |
| Item | Amount |
|---|---|
| REVENUE | $245M |
| Cost of Revenue | $155M |
| GROSS PROFIT | $90M |
| R&D Expenses | $107M |
| Selling & Marketing | $3M |
| General & Administrative | $187M |
| SG&A Expenses | $190M |
| Other Expenses | $10M |
| Operating Expenses | $307M |
| Cost & Expenses | $462M |
| OPERATING INCOME | -$217M |
| Interest Income | $14M |
| Interest Expense | $5.0K |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | -$203M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$205M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$205M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$205M |
| D&A | $29M |
| EBIT | -$203M |
| EBITDA | -$174M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$205M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $30M |
| Deferred Income Tax | -$410.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$142M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $6M |
| Purchases of Investments | -$76M |
| Sales/Maturities of Investments | $155M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | $51M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $911.0K |
| FREE CASH FLOW | -$170M |
| Net Change in Cash | -$91M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $286M |
| Short-Term Investments | $50M |
| Net Receivables | $44M |
| Inventory | $32M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $424M |
| PP&E (Net) | $203M |
| Goodwill | $86M |
| Intangible Assets | $54M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $352M |
| TOTAL ASSETS | $776M |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $73M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $475.0K |
| TOTAL NON-CURRENT LIABILITIES | $80M |
| TOTAL LIABILITIES | $153M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$756.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $623M |
| Minority Interest | $0 |
| TOTAL EQUITY | $623M |
| TOTAL LIABILITIES & EQUITY | $776M |
| Total Debt | $94M |
| Net Debt | -$192M |
