| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $286M | — | $199M | — | 43.5% |
| Op. Income | $73M | — | $9M | — | 736.4% |
| Gross Margin | 73.2% | — | 68.5% | — | 4.7pp |
| Net Margin | 9.7% | — | -6.0% | — | 15.7pp |
| EPS (Diluted) | $0.10 | — | $-0.04 | — | 317.4% |
| Free Cash Flow | $33M | — | -$8M | — | 493.2% |
| Item | Amount |
|---|---|
| REVENUE | $286M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $209M |
| R&D Expenses | $46M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $94M |
| Other Expenses | -$4M |
| Operating Expenses | $136M |
| Cost & Expenses | $213M |
| OPERATING INCOME | $73M |
| Interest Income | $13M |
| Interest Expense | $38M |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $9M |
| EBIT | $68M |
| EBITDA | $77M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $286M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $209M |
| R&D Expenses | $46M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $94M |
| Other Expenses | -$4M |
| Operating Expenses | $136M |
| Cost & Expenses | $213M |
| OPERATING INCOME | $73M |
| Interest Income | $13M |
| Interest Expense | $38M |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $9M |
| EBIT | $68M |
| EBITDA | $77M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $21M |
| Change in Working Capital | -$36M |
| OPERATING CASH FLOW | $43M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$274M |
| Sales/Maturities of Investments | $58M |
| Other Investing Activities | $129M |
| NET CASH FROM INVESTING | -$97M |
| Net Debt Issuance | -$133M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$137M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | -$191M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $46M |
| Short-Term Investments | $151M |
| Net Receivables | $12M |
| Inventory | $28M |
| Other Current Assets | $31M |
| TOTAL CURRENT ASSETS | $268M |
| PP&E (Net) | $85M |
| Goodwill | $2M |
| Intangible Assets | $5M |
| Long-Term Investments | $5M |
| Tax Assets | $0 |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $126M |
| TOTAL ASSETS | $394M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $12M |
| Other Current Liabilities | $30M |
| TOTAL CURRENT LIABILITIES | $82M |
| Long-Term Debt | $36M |
| Deferred Revenue NC | $51M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $292M |
| TOTAL NON-CURRENT LIABILITIES | $391M |
| TOTAL LIABILITIES | $473M |
| Common Stock | $3M |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | -$3.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$79M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$79M |
| TOTAL LIABILITIES & EQUITY | $394M |
| Total Debt | $48M |
| Net Debt | $1M |
