| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.4B | $1.2B | 6.0% | 31.5% |
| Op. Income | -$57M | -$27M | -$40M | -108.2% | -41.1% |
| Gross Margin | 41.7% | 42.9% | 44.3% | -1.3pp | -2.7pp |
| Net Margin | -0.8% | 0.3% | -1.0% | -1.2pp | 0.2pp |
| EPS (Diluted) | $-0.03 | $0.01 | $-0.03 | -346.7% | 3.2% |
| Free Cash Flow | $243M | $256M | -$30M | -5.3% | 909.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $888M |
| GROSS PROFIT | $634M |
| R&D Expenses | $104M |
| Selling & Marketing | $216M |
| General & Administrative | $253M |
| SG&A Expenses | $469M |
| Other Expenses | $117M |
| Operating Expenses | $691M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | -$57M |
| Interest Income | $44M |
| Interest Expense | $7M |
| Other Income/Expenses | $44M |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | -$682.0K |
| 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 | $45M |
| EBIT | -$6M |
| EBITDA | $39M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $45M |
| Stock-Based Compensation | $89M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | $155M |
| OPERATING CASH FLOW | $264M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $21M |
| Purchases of Investments | -$874M |
| Sales/Maturities of Investments | $868M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$33M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$35M |
| FREE CASH FLOW | $243M |
| Net Change in Cash | $166M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $770M |
| Short-Term Investments | $1.2B |
| Net Receivables | $306M |
| Inventory | $0 |
| Other Current Assets | $634M |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $568M |
| Goodwill | $256M |
| Intangible Assets | $48M |
| Long-Term Investments | $43M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $109M |
| Short-Term Debt | $430M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.9B |
| TOTAL CURRENT LIABILITIES | $3.8B |
| Long-Term Debt | $574M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $81M |
| TOTAL NON-CURRENT LIABILITIES | $759M |
| TOTAL LIABILITIES | $4.6B |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $11.0B |
| Retained Earnings | -$10.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $656M |
| Minority Interest | $0 |
| TOTAL EQUITY | $656M |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $1.1B |
| Net Debt | $380M |
