| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | — | $1.2B | — | 4.9% |
| Op. Income | -$58M | — | -$100M | — | 41.9% |
| Gross Margin | 16.7% | — | 15.8% | — | 0.8pp |
| Net Margin | -3.5% | — | -8.8% | — | 5.4pp |
| EPS (Diluted) | $-0.27 | — | $-1.18 | — | 77.1% |
| Free Cash Flow | -$91M | — | -$81M | — | -12.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $212M |
| R&D Expenses | $26M |
| Selling & Marketing | $102M |
| General & Administrative | $78M |
| SG&A Expenses | $181M |
| Other Expenses | $64M |
| Operating Expenses | $270M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | -$58M |
| Interest Income | $8M |
| Interest Expense | $3M |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | -$45M |
| Income Tax Expense | $28.5K |
| Net Income from Continuing Ops | -$45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$141M |
| D&A | $11M |
| EBIT | -$42M |
| EBITDA | -$31M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$44M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$61M |
| OPERATING CASH FLOW | -$83M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$188M |
| Sales/Maturities of Investments | $63M |
| Other Investing Activities | -$51.0K |
| NET CASH FROM INVESTING | -$133M |
| Net Debt Issuance | $49M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$737.0K |
| NET CASH FROM FINANCING | $105M |
| FREE CASH FLOW | -$91M |
| Net Change in Cash | -$110M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $159M |
| Short-Term Investments | $128M |
| Net Receivables | $583M |
| Inventory | $98M |
| Other Current Assets | $48M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $56M |
| Goodwill | $5M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $63M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $420M |
| Short-Term Debt | $87M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $32M |
| TOTAL CURRENT LIABILITIES | $589M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $74.1K |
| TOTAL NON-CURRENT LIABILITIES | $22M |
| TOTAL LIABILITIES | $610M |
| Common Stock | $584 |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$717M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $469M |
| Minority Interest | $0 |
| TOTAL EQUITY | $469M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $121M |
| Net Debt | -$38M |
