| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $573M | $758M | 134.9% | 77.7% |
| Op. Income | $117M | $14M | -$219M | 726.3% | 153.5% |
| Gross Margin | 50.6% | 89.7% | 24.3% | -39.1pp | 26.3pp |
| Net Margin | 64.3% | 15.9% | -20.5% | 48.3pp | 84.8pp |
| EPS (Diluted) | $12.20 | $1.39 | $-2.95 | 777.7% | 513.6% |
| Free Cash Flow | $41M | — | -$135M | — | 130.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $665M |
| GROSS PROFIT | $681M |
| R&D Expenses | $297M |
| Selling & Marketing | $307M |
| General & Administrative | $257M |
| SG&A Expenses | $564M |
| Other Expenses | -$298M |
| Operating Expenses | $563M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $117M |
| Interest Income | $20M |
| Interest Expense | $704.0K |
| Other Income/Expenses | $57M |
| INCOME BEFORE TAX | $175M |
| Income Tax Expense | -$688M |
| Net Income from Continuing Ops | $866M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $866M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $864M |
| D&A | $9M |
| EBIT | $118M |
| EBITDA | $127M |
| EPS | $14 |
| EPS Diluted | $12 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $665M |
| GROSS PROFIT | $681M |
| R&D Expenses | $297M |
| Selling & Marketing | $307M |
| General & Administrative | $257M |
| SG&A Expenses | $564M |
| Other Expenses | -$298M |
| Operating Expenses | $563M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $117M |
| Interest Income | $20M |
| Interest Expense | $704.0K |
| Other Income/Expenses | $57M |
| INCOME BEFORE TAX | $175M |
| Income Tax Expense | -$688M |
| Net Income from Continuing Ops | $866M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $866M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $864M |
| D&A | $9M |
| EBIT | $118M |
| EBITDA | $127M |
| EPS | $14 |
| EPS Diluted | $12 |
| Item | Amount |
|---|---|
| Net Income | $866M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $128M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$567M |
| Change in Working Capital | -$394M |
| OPERATING CASH FLOW | $42M |
| Capital Expenditure | -$990.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$203M |
| NET CASH FROM INVESTING | -$204M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$20M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $260M |
| NET CASH FROM FINANCING | $240M |
| FREE CASH FLOW | $41M |
| Net Change in Cash | $62M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $1.9B |
| Net Receivables | $909M |
| Inventory | $407M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.9B |
| PP&E (Net) | $44M |
| Goodwill | $0 |
| Intangible Assets | $181M |
| Long-Term Investments | $50M |
| Tax Assets | $924M |
| Other Non-Current Assets | $120M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $6.2B |
| Account Payables | $342M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $157M |
| TOTAL CURRENT LIABILITIES | $670M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $34M |
| TOTAL LIABILITIES | $704M |
| Common Stock | $7M |
| Additional Paid-In Capital | $5.9B |
| Retained Earnings | -$1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $67M |
| Other Equity | $1.0B |
| TOTAL STOCKHOLDERS' EQUITY | $5.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.5B |
| TOTAL LIABILITIES & EQUITY | $6.2B |
| Total Debt | $39M |
| Net Debt | -$1.5B |
