| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $438M | — | $430M | — | 1.8% |
| Op. Income | -$65M | — | -$190M | — | 66.1% |
| Gross Margin | 48.5% | — | 48.8% | — | -0.3pp |
| Net Margin | -7.5% | — | -31.1% | — | 23.6pp |
| EPS (Diluted) | $-0.33 | — | $-1.39 | — | 76.3% |
| Free Cash Flow | -$32M | — | $24M | — | -235.1% |
| Item | Amount |
|---|---|
| REVENUE | $438M |
| Cost of Revenue | $226M |
| GROSS PROFIT | $212M |
| R&D Expenses | $55M |
| Selling & Marketing | $123M |
| General & Administrative | $98M |
| SG&A Expenses | $221M |
| Other Expenses | $239.0K |
| Operating Expenses | $277M |
| Cost & Expenses | $502M |
| OPERATING INCOME | -$65M |
| Interest Income | $2M |
| Interest Expense | $43M |
| Other Income/Expenses | $34M |
| INCOME BEFORE TAX | -$31M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$33M |
| D&A | $26M |
| EBIT | $12M |
| EBITDA | $37M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$33M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$24M |
| Change in Working Capital | -$28M |
| OPERATING CASH FLOW | -$32M |
| Capital Expenditure | -$523.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$111M |
| Sales/Maturities of Investments | $68M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$45M |
| Net Debt Issuance | -$23M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$339.0K |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | -$32M |
| Net Change in Cash | -$100M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $168M |
| Short-Term Investments | $24M |
| Net Receivables | $111M |
| Inventory | $0 |
| Other Current Assets | $62M |
| TOTAL CURRENT ASSETS | $365M |
| PP&E (Net) | $23M |
| Goodwill | $192M |
| Intangible Assets | $69M |
| Long-Term Investments | $159M |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $449M |
| TOTAL ASSETS | $814M |
| Account Payables | $5M |
| Short-Term Debt | $150.0K |
| Deferred Revenue | $261M |
| Other Current Liabilities | $82M |
| TOTAL CURRENT LIABILITIES | $414M |
| Long-Term Debt | $404M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $39M |
| TOTAL NON-CURRENT LIABILITIES | $443M |
| TOTAL LIABILITIES | $857M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $717M |
| Retained Earnings | -$755M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$43M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$43M |
| TOTAL LIABILITIES & EQUITY | $814M |
| Total Debt | $404M |
| Net Debt | $236M |
