| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $708M | — | $647M | — | 9.4% |
| Op. Income | -$30M | — | $128M | — | -123.7% |
| Gross Margin | 34.5% | — | 43.4% | — | -8.9pp |
| Net Margin | -6.6% | — | 15.5% | — | -22.2pp |
| EPS (Diluted) | $-1.56 | — | $3.31 | — | -147.1% |
| Free Cash Flow | $123M | — | $196M | — | -36.9% |
| Item | Amount |
|---|---|
| REVENUE | $708M |
| Cost of Revenue | $463M |
| GROSS PROFIT | $244M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $117M |
| SG&A Expenses | $122M |
| Other Expenses | $152M |
| Operating Expenses | $275M |
| Cost & Expenses | $738M |
| OPERATING INCOME | -$30M |
| Interest Income | $688M |
| Interest Expense | $399M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$30M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | -$47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$47M |
| D&A | $3M |
| EBIT | -$30M |
| EBITDA | -$27M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$47M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $172M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $124M |
| Capital Expenditure | -$326.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $339M |
| Other Investing Activities | -$28M |
| NET CASH FROM INVESTING | $311M |
| Net Debt Issuance | -$804M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$46M |
| Other Financing Activities | $326M |
| NET CASH FROM FINANCING | -$524M |
| FREE CASH FLOW | $123M |
| Net Change in Cash | -$89M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $631M |
| Short-Term Investments | $866M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $26M |
| Goodwill | $104M |
| Intangible Assets | -$104M |
| Long-Term Investments | $9.2B |
| Tax Assets | $91M |
| Other Non-Current Assets | $354M |
| TOTAL NON-CURRENT ASSETS | $9.6B |
| TOTAL ASSETS | $11.1B |
| Account Payables | $0 |
| Short-Term Debt | $523M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.1B |
| TOTAL CURRENT LIABILITIES | $9.7B |
| Long-Term Debt | $76M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $149M |
| TOTAL NON-CURRENT LIABILITIES | $249M |
| TOTAL LIABILITIES | $9.9B |
| Common Stock | $298.0K |
| Additional Paid-In Capital | $385M |
| Retained Earnings | $982M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$141M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $11.1B |
| Total Debt | $623M |
| Net Debt | -$8M |
