| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $169M | — | $168M | — | 0.5% |
| Op. Income | -$125M | — | -$162M | — | 22.3% |
| Gross Margin | 32.6% | — | 40.3% | — | -7.7pp |
| Net Margin | -78.0% | — | -43.6% | — | -34.4pp |
| EPS (Diluted) | $-0.76 | — | $-0.95 | — | 19.8% |
| Free Cash Flow | -$109M | — | -$201M | — | 46.1% |
| Item | Amount |
|---|---|
| REVENUE | $169M |
| Cost of Revenue | $114M |
| GROSS PROFIT | $55M |
| R&D Expenses | $16M |
| Selling & Marketing | $12M |
| General & Administrative | $98M |
| SG&A Expenses | $110M |
| Other Expenses | $54M |
| Operating Expenses | $180M |
| Cost & Expenses | $294M |
| OPERATING INCOME | -$125M |
| Interest Income | $763.2K |
| Interest Expense | $19M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | -$132M |
| Income Tax Expense | -$824.6K |
| Net Income from Continuing Ops | -$131M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$131M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$131M |
| D&A | $11M |
| EBIT | -$125M |
| EBITDA | -$115M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$112M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$703.0K |
| Other Non-Cash Items | -$21M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$90M |
| Capital Expenditure | -$44M |
| Acquisitions (Net) | -$10M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $268.1K |
| Other Investing Activities | -$35M |
| NET CASH FROM INVESTING | -$59M |
| Net Debt Issuance | $79M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $92M |
| NET CASH FROM FINANCING | $172M |
| FREE CASH FLOW | -$109M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $101M |
| Short-Term Investments | $6M |
| Net Receivables | $57M |
| Inventory | $92M |
| Other Current Assets | -$5M |
| TOTAL CURRENT ASSETS | $257M |
| PP&E (Net) | $112M |
| Goodwill | $15M |
| Intangible Assets | $104M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$4M |
| TOTAL NON-CURRENT ASSETS | $227M |
| TOTAL ASSETS | $484M |
| Account Payables | $37M |
| Short-Term Debt | $126M |
| Deferred Revenue | $6M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $191M |
| Long-Term Debt | $81M |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $143M |
| TOTAL LIABILITIES | $334M |
| Common Stock | $50M |
| Additional Paid-In Capital | $482M |
| Retained Earnings | -$464M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $6M |
| Other Equity | $76M |
| TOTAL STOCKHOLDERS' EQUITY | $150M |
| Minority Interest | $22.0K |
| TOTAL EQUITY | $150M |
| TOTAL LIABILITIES & EQUITY | $484M |
| Total Debt | $246M |
| Net Debt | $145M |
