| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | — | $1.3B | — | -14.9% |
| Op. Income | -$29M | — | $112M | — | -125.9% |
| Gross Margin | 56.3% | — | 57.3% | — | -1.1pp |
| Net Margin | -7.7% | — | 5.9% | — | -13.6pp |
| EPS (Diluted) | $-0.66 | — | $0.58 | — | -213.8% |
| Free Cash Flow | $37M | — | $235M | — | -84.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $488M |
| GROSS PROFIT | $629M |
| R&D Expenses | $212M |
| Selling & Marketing | $346M |
| General & Administrative | $100M |
| SG&A Expenses | $446M |
| Other Expenses | $0 |
| Operating Expenses | $658M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | -$29M |
| Interest Income | $5M |
| Interest Expense | $17M |
| Other Income/Expenses | -$49M |
| INCOME BEFORE TAX | -$77M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | -$86M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$86M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$86M |
| D&A | $41M |
| EBIT | -$61M |
| EBITDA | -$20M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$86M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $77M |
| Deferred Income Tax | $80.0K |
| Other Non-Cash Items | $81M |
| Change in Working Capital | -$46M |
| OPERATING CASH FLOW | $55M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | -$35M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$30M |
| NET CASH FROM FINANCING | -$115M |
| FREE CASH FLOW | $37M |
| Net Change in Cash | -$78M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $157M |
| Short-Term Investments | $0 |
| Net Receivables | $90M |
| Inventory | $141M |
| Other Current Assets | $80M |
| TOTAL CURRENT ASSETS | $467M |
| PP&E (Net) | $88M |
| Goodwill | $394M |
| Intangible Assets | $11M |
| Long-Term Investments | -$8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $91M |
| TOTAL NON-CURRENT ASSETS | $576M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $51M |
| Short-Term Debt | $20M |
| Deferred Revenue | $306M |
| Other Current Liabilities | $88M |
| TOTAL CURRENT LIABILITIES | $518M |
| Long-Term Debt | $178M |
| Deferred Revenue NC | $269M |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $500M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $149.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$942M |
| Treasury Stock | -$238M |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $25M |
| Minority Interest | $0 |
| TOTAL EQUITY | $25M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $250M |
| Net Debt | $93M |
