| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $148M | — | $164M | — | -9.5% |
| Op. Income | -$51M | — | -$62M | — | 18.3% |
| Gross Margin | 74.3% | — | 71.7% | — | 2.6pp |
| Net Margin | -28.5% | — | -31.6% | — | 3.2pp |
| EPS (Diluted) | $-1.01 | — | $-1.16 | — | 12.9% |
| Free Cash Flow | $3M | — | -$14M | — | 117.8% |
| Item | Amount |
|---|---|
| REVENUE | $148M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $110M |
| R&D Expenses | $36M |
| Selling & Marketing | $78M |
| General & Administrative | $46M |
| SG&A Expenses | $124M |
| Other Expenses | $0 |
| Operating Expenses | $161M |
| Cost & Expenses | $199M |
| OPERATING INCOME | -$51M |
| Interest Income | $4M |
| Interest Expense | $34.0K |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | -$42M |
| Income Tax Expense | $633.0K |
| Net Income from Continuing Ops | -$42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$42M |
| D&A | $5M |
| EBIT | -$41M |
| EBITDA | -$37M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$42M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $45M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$197M |
| Sales/Maturities of Investments | $179M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$199.0K |
| Common Stock Repurchased | -$26M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$23M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $168M |
| Net Receivables | $29M |
| Inventory | $0 |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $228M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $660.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $23M |
| TOTAL ASSETS | $251M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $67M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $88M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $92M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $507M |
| Retained Earnings | -$348M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$111.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $159M |
| Minority Interest | $0 |
| TOTAL EQUITY | $159M |
| TOTAL LIABILITIES & EQUITY | $251M |
| Total Debt | $3M |
| Net Debt | -$12M |
