| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $383M | — | $315M | — | 21.9% |
| Op. Income | -$122M | — | -$129M | — | 4.9% |
| Gross Margin | 75.5% | — | 76.0% | — | -0.5pp |
| Net Margin | -38.2% | — | -42.8% | — | 4.6pp |
| EPS (Diluted) | $-2.77 | — | $-2.78 | — | 0.4% |
| Free Cash Flow | -$68M | — | -$78M | — | 13.3% |
| Item | Amount |
|---|---|
| REVENUE | $383M |
| Cost of Revenue | $94M |
| GROSS PROFIT | $289M |
| R&D Expenses | $136M |
| Selling & Marketing | $4M |
| General & Administrative | $259M |
| SG&A Expenses | $263M |
| Other Expenses | $13M |
| Operating Expenses | $412M |
| Cost & Expenses | $506M |
| OPERATING INCOME | -$122M |
| Interest Income | $11M |
| Interest Expense | $10M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | -$146M |
| Income Tax Expense | $771.0K |
| Net Income from Continuing Ops | -$146M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$146M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$146M |
| D&A | $40M |
| EBIT | -$136M |
| EBITDA | -$96M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$146M |
| Depreciation & Amortization | $40M |
| Stock-Based Compensation | $50M |
| Deferred Income Tax | -$216.0K |
| Other Non-Cash Items | $35M |
| Change in Working Capital | -$39M |
| OPERATING CASH FLOW | -$61M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $38.0K |
| Purchases of Investments | -$190M |
| Sales/Maturities of Investments | $247M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | $48M |
| Net Debt Issuance | $51M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | $92M |
| FREE CASH FLOW | -$68M |
| Net Change in Cash | $76M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $170M |
| Short-Term Investments | $149M |
| Net Receivables | $61M |
| Inventory | $58M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $450M |
| PP&E (Net) | $170M |
| Goodwill | $66M |
| Intangible Assets | $263M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $525M |
| TOTAL ASSETS | $975M |
| Account Payables | $13M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $75M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $133M |
| TOTAL LIABILITIES | $208M |
| Common Stock | $56.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$745M |
| Treasury Stock | -$132.0K |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $767M |
| Minority Interest | $0 |
| TOTAL EQUITY | $767M |
| TOTAL LIABILITIES & EQUITY | $975M |
| Total Debt | $106M |
| Net Debt | -$64M |
