| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $143M | — | $185M | — | -22.6% |
| Op. Income | -$27M | — | -$46M | — | 41.0% |
| Gross Margin | 22.1% | — | 20.5% | — | 1.6pp |
| Net Margin | -30.8% | — | 40.5% | — | -71.3pp |
| EPS (Diluted) | $-39.14 | — | $5.61 | — | -797.7% |
| Free Cash Flow | -$38M | — | -$65M | — | 42.1% |
| Item | Amount |
|---|---|
| REVENUE | $143M |
| Cost of Revenue | $111M |
| GROSS PROFIT | $32M |
| R&D Expenses | $14M |
| Selling & Marketing | $6M |
| General & Administrative | $21M |
| SG&A Expenses | $27M |
| Other Expenses | $18M |
| Operating Expenses | $59M |
| Cost & Expenses | $170M |
| OPERATING INCOME | -$27M |
| Interest Income | $1M |
| Interest Expense | $14M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | -$43M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$44M |
| D&A | $5M |
| EBIT | -$29M |
| EBITDA | -$24M |
| EPS | -$39 |
| EPS Diluted | -$39 |
| Item | Amount |
|---|---|
| Net Income | -$44M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$31M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | -$580.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | $25M |
| Net Debt Issuance | -$18M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$566.0K |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | -$38M |
| Net Change in Cash | -$24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $0 |
| Net Receivables | $23M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $41M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $9M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $54M |
| Account Payables | $3M |
| Short-Term Debt | $15M |
| Deferred Revenue | $153.0K |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $38M |
| Long-Term Debt | $40M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $48M |
| TOTAL LIABILITIES | $86M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $167M |
| Retained Earnings | -$199M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$32M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$32M |
| TOTAL LIABILITIES & EQUITY | $54M |
| Total Debt | $55M |
| Net Debt | $41M |
