| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $661M | — | $592M | — | 11.6% |
| Op. Income | -$92M | — | -$108M | — | 14.5% |
| Gross Margin | 43.9% | — | 41.3% | — | 2.6pp |
| Net Margin | -11.9% | — | -14.9% | — | 3.0pp |
| EPS (Diluted) | $-3.10 | — | $-3.50 | — | 11.4% |
| Free Cash Flow | -$34M | — | -$31M | — | -10.9% |
| Item | Amount |
|---|---|
| REVENUE | $661M |
| Cost of Revenue | $370M |
| GROSS PROFIT | $290M |
| R&D Expenses | $31M |
| Selling & Marketing | $85M |
| General & Administrative | $226M |
| SG&A Expenses | $310M |
| Other Expenses | $41M |
| Operating Expenses | $382M |
| Cost & Expenses | $753M |
| OPERATING INCOME | -$92M |
| Interest Income | $18M |
| Interest Expense | $7M |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | -$81M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$79M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$79M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$79M |
| D&A | $73M |
| EBIT | -$74M |
| EBITDA | -$2M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$79M |
| Depreciation & Amortization | $73M |
| Stock-Based Compensation | $33M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$33M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$41M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $54M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $13M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$34M |
| Net Change in Cash | $25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $367M |
| Short-Term Investments | $20M |
| Net Receivables | $151M |
| Inventory | $27M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $596M |
| PP&E (Net) | $174M |
| Goodwill | $523M |
| Intangible Assets | $340M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $22M |
| Short-Term Debt | $201M |
| Deferred Revenue | $409.0K |
| Other Current Liabilities | $75M |
| TOTAL CURRENT LIABILITIES | $301M |
| Long-Term Debt | $340M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $22M |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $434M |
| TOTAL LIABILITIES | $736M |
| Common Stock | $128.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$326M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$206.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $902M |
| Minority Interest | $0 |
| TOTAL EQUITY | $902M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $605M |
| Net Debt | $238M |
