| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $720M | — | $596M | — | 20.8% |
| Op. Income | -$139M | — | -$170M | — | 18.5% |
| Gross Margin | 84.3% | — | 82.7% | — | 1.6pp |
| Net Margin | -13.2% | — | -23.0% | — | 9.8pp |
| EPS (Diluted) | $-0.32 | — | $-0.47 | — | 31.9% |
| Free Cash Flow | $146M | — | $78M | — | 87.5% |
| Item | Amount |
|---|---|
| REVENUE | $720M |
| Cost of Revenue | $113M |
| GROSS PROFIT | $607M |
| R&D Expenses | $165M |
| Selling & Marketing | $391M |
| General & Administrative | $181M |
| SG&A Expenses | $571M |
| Other Expenses | $10M |
| Operating Expenses | $746M |
| Cost & Expenses | $859M |
| OPERATING INCOME | -$139M |
| Interest Income | $52M |
| Interest Expense | $0 |
| Other Income/Expenses | $48M |
| INCOME BEFORE TAX | -$91M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | -$95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$95M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$95M |
| D&A | $19M |
| EBIT | -$129M |
| EBITDA | -$110M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$95M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $217M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | $23M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $161M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | -$214M |
| Purchases of Investments | -$621M |
| Sales/Maturities of Investments | $888M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | $39M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$54M |
| NET CASH FROM FINANCING | -$67M |
| FREE CASH FLOW | $146M |
| Net Change in Cash | $132M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $620M |
| Short-Term Investments | $450M |
| Net Receivables | $123M |
| Inventory | $0 |
| Other Current Assets | $72M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $63M |
| Goodwill | $147M |
| Intangible Assets | $91M |
| Long-Term Investments | $0 |
| Tax Assets | $8M |
| Other Non-Current Assets | $37M |
| TOTAL NON-CURRENT ASSETS | $346M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $328M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $408M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $36M |
| TOTAL NON-CURRENT LIABILITIES | $66M |
| TOTAL LIABILITIES | $474M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $4.9B |
| Retained Earnings | -$3.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$338.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $38M |
| Net Debt | -$582M |
