| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $428M | — | $350M | — | 22.5% |
| Op. Income | -$91M | — | -$76M | — | -20.6% |
| Gross Margin | 77.1% | — | 78.0% | — | -0.9pp |
| Net Margin | -16.2% | — | -17.5% | — | 1.3pp |
| EPS (Diluted) | $-0.63 | — | $-0.59 | — | -6.8% |
| Free Cash Flow | $108M | — | $72M | — | 49.3% |
| Item | Amount |
|---|---|
| REVENUE | $428M |
| Cost of Revenue | $98M |
| GROSS PROFIT | $330M |
| R&D Expenses | $161M |
| Selling & Marketing | $190M |
| General & Administrative | $70M |
| SG&A Expenses | $260M |
| Other Expenses | $0 |
| Operating Expenses | $421M |
| Cost & Expenses | $520M |
| OPERATING INCOME | -$91M |
| Interest Income | $25M |
| Interest Expense | $0 |
| Other Income/Expenses | $25M |
| INCOME BEFORE TAX | -$66M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$69M |
| D&A | $21M |
| EBIT | -$91M |
| EBITDA | -$70M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$69M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $131M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | $111M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$157M |
| Purchases of Investments | -$514M |
| Sales/Maturities of Investments | $508M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$165M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $21M |
| FREE CASH FLOW | $108M |
| Net Change in Cash | -$34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51M |
| Short-Term Investments | $472M |
| Net Receivables | $91M |
| Inventory | $0 |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $649M |
| PP&E (Net) | $20M |
| Goodwill | $372M |
| Intangible Assets | $61M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $481M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $11M |
| Short-Term Debt | $8M |
| Deferred Revenue | $247M |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $318M |
| Long-Term Debt | $6M |
| Deferred Revenue NC | $27M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$559.0K |
| TOTAL NON-CURRENT LIABILITIES | $39M |
| TOTAL LIABILITIES | $356M |
| Common Stock | $315.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$360M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $655.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $774M |
| Minority Interest | $0 |
| TOTAL EQUITY | $774M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $20M |
| Net Debt | -$30M |
