| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $304M | — | $339M | — | -10.3% |
| Op. Income | -$192M | — | -$51M | — | -276.0% |
| Gross Margin | 50.9% | — | 51.4% | — | -0.5pp |
| Net Margin | -60.7% | — | -15.5% | — | -45.2pp |
| EPS (Diluted) | $-4.59 | — | $-1.33 | — | -245.1% |
| Free Cash Flow | -$34M | — | -$4M | — | -693.8% |
| Item | Amount |
|---|---|
| REVENUE | $304M |
| Cost of Revenue | $149M |
| GROSS PROFIT | $155M |
| R&D Expenses | $32M |
| Selling & Marketing | $103M |
| General & Administrative | $41M |
| SG&A Expenses | $144M |
| Other Expenses | $172M |
| Operating Expenses | $347M |
| Cost & Expenses | $496M |
| OPERATING INCOME | -$192M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $797.0K |
| INCOME BEFORE TAX | -$192M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | -$184M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$184M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$184M |
| D&A | $28M |
| EBIT | -$34M |
| EBITDA | -$6M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$184M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $111M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | -$28M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $126M |
| NET CASH FROM INVESTING | $124M |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$15M |
| NET CASH FROM FINANCING | -$64M |
| FREE CASH FLOW | -$34M |
| Net Change in Cash | $31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $76M |
| Short-Term Investments | $0 |
| Net Receivables | $50M |
| Inventory | $61M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $193M |
| PP&E (Net) | $36M |
| Goodwill | $0 |
| Intangible Assets | $77M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $124M |
| TOTAL ASSETS | $318M |
| Account Payables | $38M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $91M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $21M |
| TOTAL LIABILITIES | $112M |
| Common Stock | $385.0K |
| Additional Paid-In Capital | $610M |
| Retained Earnings | -$395M |
| Treasury Stock | -$6M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $206M |
| Minority Interest | $0 |
| TOTAL EQUITY | $206M |
| TOTAL LIABILITIES & EQUITY | $318M |
| Total Debt | $5M |
| Net Debt | -$71M |
