| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $286M | — | $294M | — | -2.7% |
| Op. Income | -$16M | — | -$45M | — | 64.1% |
| Gross Margin | 17.3% | — | 9.4% | — | 7.9pp |
| Net Margin | -12.2% | — | -34.5% | — | 22.3pp |
| EPS (Diluted) | $-0.29 | — | $-1.11 | — | 73.9% |
| Free Cash Flow | -$1M | — | -$34M | — | 96.5% |
| Item | Amount |
|---|---|
| REVENUE | $286M |
| Cost of Revenue | $236M |
| GROSS PROFIT | $49M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $66M |
| SG&A Expenses | $66M |
| Other Expenses | $0 |
| Operating Expenses | $66M |
| Cost & Expenses | $302M |
| OPERATING INCOME | -$16M |
| Interest Income | $1M |
| Interest Expense | $5M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | -$27M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | -$35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$35M |
| D&A | $16M |
| EBIT | -$23M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$35M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | -$548.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $835.0K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $14M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $0 |
| Net Receivables | $31M |
| Inventory | $78M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $152M |
| PP&E (Net) | $218M |
| Goodwill | $56M |
| Intangible Assets | $32M |
| Long-Term Investments | $3M |
| Tax Assets | $4M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $315M |
| TOTAL ASSETS | $467M |
| Account Payables | $22M |
| Short-Term Debt | $15M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $30M |
| TOTAL CURRENT LIABILITIES | $72M |
| Long-Term Debt | $39M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $24M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $76M |
| TOTAL LIABILITIES | $148M |
| Common Stock | $387M |
| Additional Paid-In Capital | $26M |
| Retained Earnings | -$106M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $303M |
| Minority Interest | $16M |
| TOTAL EQUITY | $319M |
| TOTAL LIABILITIES & EQUITY | $467M |
| Total Debt | $68M |
| Net Debt | $37M |
