| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $32M | — | $45M | — | -27.5% |
| Op. Income | -$35M | — | $4M | — | -1090.4% |
| Gross Margin | 9.8% | — | 33.0% | — | -23.2pp |
| Net Margin | -100.1% | — | -2.2% | — | -98.0pp |
| EPS (Diluted) | $-1.28 | — | $-0.04 | — | -3182.1% |
| Free Cash Flow | $2M | — | $4M | — | -62.3% |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $27M |
| Operating Expenses | $38M |
| Cost & Expenses | $67M |
| OPERATING INCOME | -$35M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$33M |
| Income Tax Expense | -$891.0K |
| Net Income from Continuing Ops | -$32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$32M |
| D&A | $11M |
| EBIT | -$32M |
| EBITDA | -$21M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$32M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$882.0K |
| Other Non-Cash Items | $23M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | -$368.0K |
| Common Dividends Paid | -$1M |
| Other Financing Activities | -$151.0K |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $164.0K |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $72M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $305.0K |
| TOTAL NON-CURRENT ASSETS | $72M |
| TOTAL ASSETS | $80M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $16.0K |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $23M |
| TOTAL LIABILITIES | $34M |
| Common Stock | $253.0K |
| Additional Paid-In Capital | $218M |
| Retained Earnings | -$172M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $47M |
| Minority Interest | $0 |
| TOTAL EQUITY | $47M |
| TOTAL LIABILITIES & EQUITY | $80M |
| Total Debt | $6M |
| Net Debt | $2M |
