| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $221M | — | $191M | — | 15.4% |
| Op. Income | -$170M | — | -$176M | — | 3.4% |
| Gross Margin | 51.2% | — | 49.2% | — | 2.0pp |
| Net Margin | -63.7% | — | -84.7% | — | 21.0pp |
| EPS (Diluted) | $-0.50 | — | $-0.61 | — | 18.0% |
| Free Cash Flow | -$93M | — | -$87M | — | -7.4% |
| Item | Amount |
|---|---|
| REVENUE | $221M |
| Cost of Revenue | $108M |
| GROSS PROFIT | $113M |
| R&D Expenses | $116M |
| Selling & Marketing | $86M |
| General & Administrative | $80M |
| SG&A Expenses | $166M |
| Other Expenses | $0 |
| Operating Expenses | $283M |
| Cost & Expenses | $390M |
| OPERATING INCOME | -$170M |
| Interest Income | $15M |
| Interest Expense | $0 |
| Other Income/Expenses | $30M |
| INCOME BEFORE TAX | -$140M |
| Income Tax Expense | $815.0K |
| Net Income from Continuing Ops | -$141M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$141M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$141M |
| D&A | $48M |
| EBIT | -$140M |
| EBITDA | -$92M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$141M |
| Depreciation & Amortization | $48M |
| Stock-Based Compensation | $57M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$19M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$51M |
| Capital Expenditure | -$42M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | -$189M |
| Sales/Maturities of Investments | $207M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$34M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$93M |
| Net Change in Cash | -$86M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $84M |
| Short-Term Investments | $215M |
| Net Receivables | $43M |
| Inventory | $0 |
| Other Current Assets | $28M |
| TOTAL CURRENT ASSETS | $370M |
| PP&E (Net) | $136M |
| Goodwill | $136M |
| Intangible Assets | $47M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $332M |
| TOTAL ASSETS | $702M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $72M |
| Other Current Liabilities | $31M |
| TOTAL CURRENT LIABILITIES | $137M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $47M |
| TOTAL LIABILITIES | $184M |
| Common Stock | $28.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $518M |
| Minority Interest | $0 |
| TOTAL EQUITY | $518M |
| TOTAL LIABILITIES & EQUITY | $702M |
| Total Debt | $25M |
| Net Debt | -$59M |
