| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $759M | — | $526M | — | 44.2% |
| Op. Income | $11M | — | -$207M | — | 105.3% |
| Gross Margin | 64.6% | — | 69.7% | — | -5.0pp |
| Net Margin | -17.2% | — | -139.5% | — | 122.4pp |
| EPS (Diluted) | $-0.22 | — | $-1.35 | — | 83.7% |
| Free Cash Flow | -$24M | — | -$303M | — | 91.9% |
| Item | Amount |
|---|---|
| REVENUE | $759M |
| Cost of Revenue | $268M |
| GROSS PROFIT | $491M |
| R&D Expenses | $127M |
| Selling & Marketing | $104M |
| General & Administrative | $187M |
| SG&A Expenses | $291M |
| Other Expenses | $61M |
| Operating Expenses | $480M |
| Cost & Expenses | $748M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | $19M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | -$136M |
| Other Adjustments | $0 |
| NET INCOME | -$130M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$130M |
| D&A | $59M |
| EBIT | $35M |
| EBITDA | $94M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$130M |
| Depreciation & Amortization | $59M |
| Stock-Based Compensation | $33M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $189M |
| Change in Working Capital | -$154M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$156M |
| Sales/Maturities of Investments | $224M |
| Other Investing Activities | -$14M |
| NET CASH FROM INVESTING | $47M |
| Net Debt Issuance | -$171M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$165M |
| FREE CASH FLOW | -$24M |
| Net Change in Cash | -$122M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $175M |
| Short-Term Investments | $62M |
| Net Receivables | $224M |
| Inventory | $0 |
| Other Current Assets | $47M |
| TOTAL CURRENT ASSETS | $508M |
| PP&E (Net) | $53M |
| Goodwill | $475M |
| Intangible Assets | $58M |
| Long-Term Investments | $36M |
| Tax Assets | $0 |
| Other Non-Current Assets | $267M |
| TOTAL NON-CURRENT ASSETS | $888M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $17M |
| Short-Term Debt | $0 |
| Deferred Revenue | $149M |
| Other Current Liabilities | $64M |
| TOTAL CURRENT LIABILITIES | $357M |
| Long-Term Debt | $194M |
| Deferred Revenue NC | $15M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $263M |
| TOTAL LIABILITIES | $619M |
| Common Stock | $2.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $776M |
| Minority Interest | $0 |
| TOTAL EQUITY | $776M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $252M |
| Net Debt | $77M |
