| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $511M | — | $413M | — | 23.7% |
| Op. Income | -$59M | — | -$74M | — | 21.1% |
| Gross Margin | 25.2% | — | 16.7% | — | 8.5pp |
| Net Margin | -12.3% | — | -20.7% | — | 8.4pp |
| EPS (Diluted) | $-0.27 | — | $-0.38 | — | 28.9% |
| Free Cash Flow | $18M | — | -$34M | — | 151.4% |
| Item | Amount |
|---|---|
| REVENUE | $511M |
| Cost of Revenue | $382M |
| GROSS PROFIT | $129M |
| R&D Expenses | $25M |
| Selling & Marketing | $37M |
| General & Administrative | $123M |
| SG&A Expenses | $160M |
| Other Expenses | $2M |
| Operating Expenses | $187M |
| Cost & Expenses | $569M |
| OPERATING INCOME | -$59M |
| Interest Income | $921.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$63M |
| Income Tax Expense | $509.0K |
| Net Income from Continuing Ops | -$63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$63M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$63M |
| D&A | $73M |
| EBIT | -$56M |
| EBITDA | $16M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$63M |
| Depreciation & Amortization | $73M |
| Stock-Based Compensation | $54M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $82M |
| Capital Expenditure | -$64M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$51M |
| NET CASH FROM INVESTING | -$63M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $110M |
| Short-Term Investments | $0 |
| Net Receivables | $124M |
| Inventory | $482.0K |
| Other Current Assets | $26M |
| TOTAL CURRENT ASSETS | $289M |
| PP&E (Net) | $27M |
| Goodwill | $326M |
| Intangible Assets | $116M |
| Long-Term Investments | $32M |
| Tax Assets | $1M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $504M |
| TOTAL ASSETS | $792M |
| Account Payables | $37M |
| Short-Term Debt | $19.0K |
| Deferred Revenue | $73M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $202M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $18M |
| TOTAL LIABILITIES | $220M |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$1.1B |
| Treasury Stock | -$18M |
| Accum. Other Comp. Income | -$25M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $572M |
| Minority Interest | $0 |
| TOTAL EQUITY | $572M |
| TOTAL LIABILITIES & EQUITY | $792M |
| Total Debt | $8M |
| Net Debt | -$103M |
