| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $332M | — | $294M | — | 12.6% |
| Op. Income | $46M | — | -$15M | — | 403.1% |
| Gross Margin | 73.0% | — | 65.7% | — | 7.3pp |
| Net Margin | -177.4% | — | -19.1% | — | -158.3pp |
| EPS (Diluted) | $-14.12 | — | $-1.40 | — | -908.6% |
| Free Cash Flow | $12M | — | $2M | — | 413.9% |
| Item | Amount |
|---|---|
| REVENUE | $332M |
| Cost of Revenue | $89M |
| GROSS PROFIT | $242M |
| R&D Expenses | $122M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $74M |
| Other Expenses | $0 |
| Operating Expenses | $196M |
| Cost & Expenses | $285M |
| OPERATING INCOME | $46M |
| Interest Income | $5M |
| Interest Expense | $13M |
| Other Income/Expenses | -$631M |
| INCOME BEFORE TAX | -$585M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$588M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$588M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$588M |
| D&A | $11M |
| EBIT | -$572M |
| EBITDA | -$561M |
| EPS | -$14 |
| EPS Diluted | -$14 |
| Item | Amount |
|---|---|
| Net Income | -$588M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $617M |
| Change in Working Capital | -$42M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | -$392.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | $225.0K |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $121M |
| Short-Term Investments | $6M |
| Net Receivables | $63M |
| Inventory | $0 |
| Other Current Assets | $76M |
| TOTAL CURRENT ASSETS | $266M |
| PP&E (Net) | $43M |
| Goodwill | $297M |
| Intangible Assets | $2M |
| Long-Term Investments | $3M |
| Tax Assets | $51M |
| Other Non-Current Assets | $40M |
| TOTAL NON-CURRENT ASSETS | $437M |
| TOTAL ASSETS | $702M |
| Account Payables | $4M |
| Short-Term Debt | $87M |
| Deferred Revenue | $53M |
| Other Current Liabilities | $50M |
| TOTAL CURRENT LIABILITIES | $217M |
| Long-Term Debt | $195M |
| Deferred Revenue NC | $114M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $344M |
| TOTAL LIABILITIES | $561M |
| Common Stock | $419.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$922M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$26M |
| Other Equity | $1.1B |
| TOTAL STOCKHOLDERS' EQUITY | $141M |
| Minority Interest | $0 |
| TOTAL EQUITY | $141M |
| TOTAL LIABILITIES & EQUITY | $702M |
| Total Debt | $295M |
| Net Debt | $174M |
