| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $709M | $699M | $628M | 1.3% | 12.8% |
| Op. Income | -$39M | -$26M | $7M | -50.1% | -675.3% |
| Gross Margin | 69.4% | 69.8% | 73.2% | -0.5pp | -3.8pp |
| Net Margin | -5.4% | -2.3% | 0.1% | -3.1pp | -5.5pp |
| EPS (Diluted) | $-0.21 | $-0.09 | $0.00 | -144.8% | -4983.7% |
| Free Cash Flow | $113M | $71M | -$826.0K | 58.1% | 13727.2% |
| Item | Amount |
|---|---|
| REVENUE | $709M |
| Cost of Revenue | $217M |
| GROSS PROFIT | $491M |
| R&D Expenses | $101M |
| Selling & Marketing | $220M |
| General & Administrative | $194M |
| SG&A Expenses | $414M |
| Other Expenses | $16M |
| Operating Expenses | $531M |
| Cost & Expenses | $748M |
| OPERATING INCOME | -$39M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$37M |
| Income Tax Expense | $808.0K |
| Net Income from Continuing Ops | -$38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$38M |
| D&A | $55M |
| EBIT | -$29M |
| EBITDA | $26M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$38M |
| Depreciation & Amortization | $55M |
| Stock-Based Compensation | $49M |
| Deferred Income Tax | -$398.0K |
| Other Non-Cash Items | $29M |
| Change in Working Capital | $44M |
| OPERATING CASH FLOW | $139M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$81M |
| Sales/Maturities of Investments | $71M |
| Other Investing Activities | -$45M |
| NET CASH FROM INVESTING | -$82M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$226.0K |
| NET CASH FROM FINANCING | -$226.0K |
| FREE CASH FLOW | $113M |
| Net Change in Cash | $59M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $589M |
| Short-Term Investments | $432M |
| Net Receivables | $265M |
| Inventory | $137M |
| Other Current Assets | $110M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $813M |
| Goodwill | $2.4B |
| Intangible Assets | $1.9B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $171M |
| TOTAL NON-CURRENT ASSETS | $5.2B |
| TOTAL ASSETS | $6.7B |
| Account Payables | $98M |
| Short-Term Debt | $249M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $36M |
| TOTAL CURRENT LIABILITIES | $724M |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $332M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $2M |
| Additional Paid-In Capital | $6.8B |
| Retained Earnings | -$3.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.2B |
| TOTAL LIABILITIES & EQUITY | $6.7B |
| Total Debt | $2.8B |
| Net Debt | $2.2B |
