| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | — | $1.9B | — | 15.3% |
| Op. Income | $8M | — | -$207M | — | 103.7% |
| Gross Margin | 84.9% | — | 82.2% | — | 2.7pp |
| Net Margin | -5.8% | — | -13.7% | — | 7.9pp |
| EPS (Diluted) | $-0.51 | — | $-1.09 | — | 53.2% |
| Free Cash Flow | $598M | — | $207M | — | 188.7% |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $324M |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $639M |
| Selling & Marketing | $977M |
| General & Administrative | $201M |
| SG&A Expenses | $1.2B |
| Other Expenses | $0 |
| Operating Expenses | $1.8B |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $8M |
| Interest Income | $68M |
| Interest Expense | $169M |
| Other Income/Expenses | -$109M |
| INCOME BEFORE TAX | -$101M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | -$125M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$125M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$125M |
| D&A | $73M |
| EBIT | $68M |
| EBITDA | $141M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$125M |
| Depreciation & Amortization | $73M |
| Stock-Based Compensation | $334M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $186M |
| Change in Working Capital | $204M |
| OPERATING CASH FLOW | $673M |
| Capital Expenditure | -$75M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | -$871M |
| Sales/Maturities of Investments | $1.5B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $530M |
| Net Debt Issuance | -$822M |
| Common Stock Repurchased | -$131M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$110M |
| NET CASH FROM FINANCING | -$1.1B |
| FREE CASH FLOW | $598M |
| Net Change in Cash | $139M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $655M |
| Short-Term Investments | $339M |
| Net Receivables | $238M |
| Inventory | $0 |
| Other Current Assets | $26M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $245M |
| Goodwill | $185M |
| Intangible Assets | $5M |
| Long-Term Investments | $392.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $386M |
| TOTAL NON-CURRENT ASSETS | $822M |
| TOTAL ASSETS | $2.1B |
| Account Payables | $45M |
| Short-Term Debt | $28M |
| Deferred Revenue | $955M |
| Other Current Liabilities | $51M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $570M |
| Deferred Revenue NC | $918M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $42M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $4.1B |
| Retained Earnings | -$4.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $146.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$728M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$728M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $695M |
| Net Debt | $40M |
