| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $666M | — | $646M | — | 3.1% |
| Op. Income | $70M | — | $60M | — | 16.0% |
| Gross Margin | 42.8% | — | 40.7% | — | 2.0pp |
| Net Margin | -4.6% | — | 25.8% | — | -30.4pp |
| EPS (Diluted) | $-0.56 | — | $2.71 | — | -120.7% |
| Free Cash Flow | $34M | — | $84M | — | -59.8% |
| Item | Amount |
|---|---|
| REVENUE | $666M |
| Cost of Revenue | $381M |
| GROSS PROFIT | $285M |
| R&D Expenses | $113M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $93M |
| Other Expenses | $10M |
| Operating Expenses | $215M |
| Cost & Expenses | $596M |
| OPERATING INCOME | $70M |
| Interest Income | $11M |
| Interest Expense | $12M |
| Other Income/Expenses | -$98M |
| INCOME BEFORE TAX | -$28M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$30M |
| D&A | $25M |
| EBIT | -$17M |
| EBITDA | $8M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$30M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $29M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $99M |
| Change in Working Capital | -$58M |
| OPERATING CASH FLOW | $62M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | -$30M |
| Purchases of Investments | -$178M |
| Sales/Maturities of Investments | $183M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$53M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $34M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $159M |
| Short-Term Investments | $147M |
| Net Receivables | $127M |
| Inventory | $238M |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $706M |
| PP&E (Net) | $143M |
| Goodwill | $215M |
| Intangible Assets | $44M |
| Long-Term Investments | $0 |
| Tax Assets | $118M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $523M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $42M |
| Short-Term Debt | $0 |
| Deferred Revenue | $118M |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $218M |
| Long-Term Debt | $275M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $339M |
| TOTAL LIABILITIES | $557M |
| Common Stock | $564.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$532M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $672M |
| Minority Interest | $0 |
| TOTAL EQUITY | $672M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $310M |
| Net Debt | $152M |
