| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $323M | $318M | $273M | 1.4% | 18.5% |
| Op. Income | -$28M | -$68M | -$54M | 59.2% | 49.1% |
| Gross Margin | 83.0% | 81.7% | 82.1% | 1.3pp | 0.9pp |
| Net Margin | 9.8% | -12.7% | -11.4% | 22.5pp | 21.3pp |
| EPS (Diluted) | $0.00 | $-0.38 | $-0.29 | 100.4% | 100.5% |
| Free Cash Flow | $62M | $74M | $24M | -16.2% | 159.5% |
| Item | Amount |
|---|---|
| REVENUE | $323M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $268M |
| R&D Expenses | $82M |
| Selling & Marketing | $118M |
| General & Administrative | $64M |
| SG&A Expenses | $182M |
| Other Expenses | $32M |
| Operating Expenses | $296M |
| Cost & Expenses | $351M |
| OPERATING INCOME | -$28M |
| Interest Income | $30M |
| Interest Expense | $5M |
| Other Income/Expenses | $60M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $370.0K |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $32M |
| BOTTOM LINE NET INCOME | $168.0K |
| D&A | $26M |
| EBIT | $37M |
| EBITDA | $63M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $32M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $59M |
| Deferred Income Tax | -$10.0K |
| Other Non-Cash Items | -$30M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | $67M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.3B |
| Sales/Maturities of Investments | $769M |
| Other Investing Activities | -$116M |
| NET CASH FROM INVESTING | -$618M |
| Net Debt Issuance | -$666M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$145M |
| NET CASH FROM FINANCING | -$801M |
| FREE CASH FLOW | $62M |
| Net Change in Cash | -$1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $952M |
| Short-Term Investments | $837M |
| Net Receivables | $672M |
| Inventory | $0 |
| Other Current Assets | $3.8B |
| TOTAL CURRENT ASSETS | $6.2B |
| PP&E (Net) | $149M |
| Goodwill | $2.4B |
| Intangible Assets | $301M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $48M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $9.1B |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3.5B |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $3.8B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $5.1B |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $5.2B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $9.1B |
| Total Debt | $1.2B |
| Net Debt | $259M |
