| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $192M | — | $169M | — | 13.7% |
| Op. Income | -$157M | — | -$125M | — | -24.8% |
| Gross Margin | 32.8% | — | 32.6% | — | 0.2pp |
| Net Margin | -90.9% | — | -78.0% | — | -12.9pp |
| EPS (Diluted) | $-0.84 | — | $-0.76 | — | -10.8% |
| Free Cash Flow | -$87M | — | -$109M | — | 19.8% |
| Item | Amount |
|---|---|
| REVENUE | $192M |
| Cost of Revenue | $129M |
| GROSS PROFIT | $63M |
| R&D Expenses | $18M |
| Selling & Marketing | $6M |
| General & Administrative | $86M |
| SG&A Expenses | $91M |
| Other Expenses | $110M |
| Operating Expenses | $219M |
| Cost & Expenses | $348M |
| OPERATING INCOME | -$157M |
| Interest Income | $0 |
| Interest Expense | $26M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | -$170M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | -$178M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$174M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$174M |
| D&A | $16M |
| EBIT | -$126M |
| EBITDA | -$110M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$136M |
| Depreciation & Amortization | $41M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $47M |
| Change in Working Capital | -$951.0K |
| OPERATING CASH FLOW | -$52M |
| Capital Expenditure | -$35M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$27M |
| NET CASH FROM INVESTING | -$39M |
| Net Debt Issuance | -$17M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$22M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$87M |
| Net Change in Cash | -$81M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $30M |
| Net Receivables | $35M |
| Inventory | $82M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $185M |
| PP&E (Net) | $117M |
| Goodwill | $13M |
| Intangible Assets | $89M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $228M |
| TOTAL ASSETS | $413M |
| Account Payables | $27M |
| Short-Term Debt | $154M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $205M |
| Long-Term Debt | $78M |
| Deferred Revenue NC | $12M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $134M |
| TOTAL LIABILITIES | $340M |
| Common Stock | $65M |
| Additional Paid-In Capital | $621M |
| Retained Earnings | -$665M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $15M |
| Other Equity | $41M |
| TOTAL STOCKHOLDERS' EQUITY | $76M |
| Minority Interest | -$3M |
| TOTAL EQUITY | $73M |
| TOTAL LIABILITIES & EQUITY | $413M |
| Total Debt | $275M |
| Net Debt | $251M |
