| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $402M | — | $636M | — | -36.9% |
| Op. Income | -$72M | — | $43M | — | -265.6% |
| Gross Margin | 44.8% | — | 47.6% | — | -2.8pp |
| Net Margin | -17.4% | — | 4.4% | — | -21.8pp |
| EPS (Diluted) | $-1.49 | — | $0.59 | — | -352.5% |
| Free Cash Flow | -$8M | — | $85M | — | -109.2% |
| Item | Amount |
|---|---|
| REVENUE | $402M |
| Cost of Revenue | $222M |
| GROSS PROFIT | $180M |
| R&D Expenses | $85M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $128M |
| Other Expenses | $39M |
| Operating Expenses | $251M |
| Cost & Expenses | $473M |
| OPERATING INCOME | -$72M |
| Interest Income | $10M |
| Interest Expense | $618.0K |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | -$65M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | -$70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$70M |
| D&A | $52M |
| EBIT | -$72M |
| EBITDA | -$19M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$70M |
| Depreciation & Amortization | $52M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$79M |
| Sales/Maturities of Investments | $114M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | $22M |
| Net Debt Issuance | -$31M |
| Common Stock Repurchased | -$27M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$701.0K |
| NET CASH FROM FINANCING | -$59M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $206M |
| Short-Term Investments | $56M |
| Net Receivables | $92M |
| Inventory | $142M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $534M |
| PP&E (Net) | $89M |
| Goodwill | $235M |
| Intangible Assets | $111M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $465M |
| TOTAL ASSETS | $999M |
| Account Payables | $31M |
| Short-Term Debt | $2M |
| Deferred Revenue | $6M |
| Other Current Liabilities | $44M |
| TOTAL CURRENT LIABILITIES | $85M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $19M |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $57M |
| TOTAL LIABILITIES | $143M |
| Common Stock | $50M |
| Additional Paid-In Capital | $697M |
| Retained Earnings | $249M |
| Treasury Stock | -$88M |
| Accum. Other Comp. Income | -$51M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $857M |
| Minority Interest | $0 |
| TOTAL EQUITY | $857M |
| TOTAL LIABILITIES & EQUITY | $999M |
| Total Debt | $19M |
| Net Debt | -$188M |
