| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $396M | — | $116M | — | 242.2% |
| Op. Income | -$116M | — | -$29M | — | -293.5% |
| Gross Margin | 76.4% | — | 68.9% | — | 7.4pp |
| Net Margin | -21.1% | — | -22.7% | — | 1.6pp |
| EPS (Diluted) | $-0.64 | — | $-0.17 | — | -276.5% |
| Free Cash Flow | $102M | — | -$15M | — | 761.8% |
| Item | Amount |
|---|---|
| REVENUE | $396M |
| Cost of Revenue | $94M |
| GROSS PROFIT | $303M |
| R&D Expenses | $201M |
| Selling & Marketing | $124M |
| General & Administrative | $94M |
| SG&A Expenses | $218M |
| Other Expenses | $0 |
| Operating Expenses | $419M |
| Cost & Expenses | $512M |
| OPERATING INCOME | -$116M |
| Interest Income | $34M |
| Interest Expense | $0 |
| Other Income/Expenses | $34M |
| INCOME BEFORE TAX | -$82M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$83M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$83M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$83M |
| D&A | $3M |
| EBIT | -$116M |
| EBITDA | -$113M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$83M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $235M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $137M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$931M |
| Sales/Maturities of Investments | $209M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$758M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$15M |
| NET CASH FROM FINANCING | $656M |
| FREE CASH FLOW | $102M |
| Net Change in Cash | $35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $80M |
| Short-Term Investments | $835M |
| Net Receivables | $39M |
| Inventory | $43M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $36M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $42M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $27M |
| Short-Term Debt | $0 |
| Deferred Revenue | $15M |
| Other Current Liabilities | $38M |
| TOTAL CURRENT LIABILITIES | $87M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $90M |
| Common Stock | $16.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$209M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $426.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $965M |
| Minority Interest | $0 |
| TOTAL EQUITY | $965M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $1M |
| Net Debt | -$78M |
