| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $964M | — | $777M | — | 24.0% |
| Op. Income | -$419M | — | -$479M | — | 12.5% |
| Gross Margin | 73.3% | — | 70.4% | — | 2.8pp |
| Net Margin | -35.8% | — | -57.0% | — | 21.2pp |
| EPS (Diluted) | $-1.07 | — | $-1.47 | — | 27.2% |
| Free Cash Flow | $9M | — | -$124M | — | 107.6% |
| Item | Amount |
|---|---|
| REVENUE | $964M |
| Cost of Revenue | $257M |
| GROSS PROFIT | $706M |
| R&D Expenses | $421M |
| Selling & Marketing | $547M |
| General & Administrative | $157M |
| SG&A Expenses | $704M |
| Other Expenses | $0 |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | -$419M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $84M |
| INCOME BEFORE TAX | -$335M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | -$345M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$345M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$345M |
| D&A | $22M |
| EBIT | -$419M |
| EBITDA | -$397M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$345M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $396M |
| Deferred Income Tax | $277.0K |
| Other Non-Cash Items | $28M |
| Change in Working Capital | -$67M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | -$116M |
| Purchases of Investments | -$1.5B |
| Sales/Maturities of Investments | $1.6B |
| Other Investing Activities | -$21M |
| NET CASH FROM INVESTING | -$75M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $80M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $36M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $386M |
| Short-Term Investments | $1.5B |
| Net Receivables | $314M |
| Inventory | $0 |
| Other Current Assets | $126M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $87M |
| Goodwill | $164M |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $84M |
| TOTAL NON-CURRENT ASSETS | $344M |
| TOTAL ASSETS | $2.7B |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $379M |
| Other Current Liabilities | $61M |
| TOTAL CURRENT LIABILITIES | $589M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $30M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | -$2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $961M |
| Minority Interest | $0 |
| TOTAL EQUITY | $961M |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $1.1B |
| Net Debt | $724M |
