| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $390M | — | $293M | — | 33.4% |
| Op. Income | -$24M | — | -$131M | — | 81.3% |
| Gross Margin | 77.0% | — | 66.3% | — | 10.7pp |
| Net Margin | -3.1% | — | -36.9% | — | 33.9pp |
| EPS (Diluted) | $-0.15 | — | $-1.39 | — | 89.2% |
| Free Cash Flow | $45M | — | -$69M | — | 166.0% |
| Item | Amount |
|---|---|
| REVENUE | $390M |
| Cost of Revenue | $90M |
| GROSS PROFIT | $301M |
| R&D Expenses | $97M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $228M |
| Other Expenses | $0 |
| Operating Expenses | $325M |
| Cost & Expenses | $415M |
| OPERATING INCOME | -$24M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $13M |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $677.0K |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $6M |
| EBIT | -$11M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $739.0K |
| Deferred Income Tax | -$585.0K |
| Other Non-Cash Items | $41M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $49M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$325M |
| Sales/Maturities of Investments | $347M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | $18M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $45M |
| Net Change in Cash | $65M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $301M |
| Short-Term Investments | $166M |
| Net Receivables | $42M |
| Inventory | $11M |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $583M |
| PP&E (Net) | $17M |
| Goodwill | $62M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $90M |
| TOTAL ASSETS | $673M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $218M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $249M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $257M |
| Common Stock | $0 |
| Additional Paid-In Capital | $88M |
| Retained Earnings | -$523M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $68.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $417M |
| Minority Interest | $0 |
| TOTAL EQUITY | $417M |
| TOTAL LIABILITIES & EQUITY | $673M |
| Total Debt | $11M |
| Net Debt | -$290M |
