| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $989M | — | $1.1B | — | -6.5% |
| Op. Income | $51M | — | -$37M | — | 237.0% |
| Gross Margin | 73.4% | — | 71.2% | — | 2.3pp |
| Net Margin | -20.1% | — | 31.0% | — | -51.1pp |
| EPS (Diluted) | $-2.39 | — | $3.70 | — | -164.6% |
| Free Cash Flow | $92M | — | $32M | — | 186.5% |
| Item | Amount |
|---|---|
| REVENUE | $989M |
| Cost of Revenue | $263M |
| GROSS PROFIT | $727M |
| R&D Expenses | $80M |
| Selling & Marketing | $321M |
| General & Administrative | $210M |
| SG&A Expenses | $531M |
| Other Expenses | $65M |
| Operating Expenses | $676M |
| Cost & Expenses | $939M |
| OPERATING INCOME | $51M |
| Interest Income | $20M |
| Interest Expense | $37M |
| Other Income/Expenses | -$313M |
| INCOME BEFORE TAX | -$263M |
| Income Tax Expense | -$63M |
| Net Income from Continuing Ops | -$199M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$199M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$199M |
| D&A | $65M |
| EBIT | -$226M |
| EBITDA | -$161M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$199M |
| Depreciation & Amortization | $65M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$71M |
| Other Non-Cash Items | $346M |
| Change in Working Capital | -$31M |
| OPERATING CASH FLOW | $110M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $30M |
| NET CASH FROM INVESTING | $12M |
| Net Debt Issuance | -$45M |
| Common Stock Repurchased | -$360.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$44M |
| FREE CASH FLOW | $92M |
| Net Change in Cash | $76M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $0 |
| Net Receivables | $520M |
| Inventory | $0 |
| Other Current Assets | $115M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $393M |
| Goodwill | $2.9B |
| Intangible Assets | $722M |
| Long-Term Investments | $2.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $389M |
| TOTAL NON-CURRENT ASSETS | $7.1B |
| TOTAL ASSETS | $9.5B |
| Account Payables | $72M |
| Short-Term Debt | $35M |
| Deferred Revenue | $217M |
| Other Current Liabilities | $499M |
| TOTAL CURRENT LIABILITIES | $886M |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $411M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $9.0K |
| Additional Paid-In Capital | $6.4B |
| Retained Earnings | -$539M |
| Treasury Stock | -$252M |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.6B |
| Minority Interest | $726M |
| TOTAL EQUITY | $6.3B |
| TOTAL LIABILITIES & EQUITY | $9.5B |
| Total Debt | $2.0B |
| Net Debt | $169M |
