| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $560M | — | $434M | — | 29.0% |
| Op. Income | -$536M | — | -$569M | — | 5.8% |
| Gross Margin | 86.3% | — | 89.6% | — | -3.3pp |
| Net Margin | -101.6% | — | -139.7% | — | 38.1pp |
| EPS (Diluted) | $-6.29 | — | $-8.25 | — | 23.8% |
| Free Cash Flow | -$422M | — | -$522M | — | 19.2% |
| Item | Amount |
|---|---|
| REVENUE | $560M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $484M |
| R&D Expenses | $698M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $322M |
| Other Expenses | $0 |
| Operating Expenses | $1.0B |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | -$536M |
| Interest Income | $37M |
| Interest Expense | $63M |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | -$568M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$569M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$569M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$569M |
| D&A | $36M |
| EBIT | -$505M |
| EBITDA | -$469M |
| EPS | -$6 |
| EPS Diluted | -$6 |
| Item | Amount |
|---|---|
| Net Income | -$569M |
| Depreciation & Amortization | $36M |
| Stock-Based Compensation | $158M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$52M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | -$414M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$409M |
| Sales/Maturities of Investments | $413M |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $18M |
| NET CASH FROM FINANCING | $399M |
| FREE CASH FLOW | -$422M |
| Net Change in Cash | -$35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $174M |
| Short-Term Investments | $436M |
| Net Receivables | $122M |
| Inventory | $45M |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $817M |
| PP&E (Net) | $266M |
| Goodwill | $44M |
| Intangible Assets | $178M |
| Long-Term Investments | $135M |
| Tax Assets | $0 |
| Other Non-Current Assets | $63M |
| TOTAL NON-CURRENT ASSETS | $686M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $39M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $87M |
| TOTAL CURRENT LIABILITIES | $344M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $30M |
| Other Non-Current Liabilities | $837M |
| TOTAL NON-CURRENT LIABILITIES | $897M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $92.0K |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | -$4.0B |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | -$643.0K |
| Other Equity | $4M |
| TOTAL STOCKHOLDERS' EQUITY | $255M |
| Minority Interest | $7M |
| TOTAL EQUITY | $262M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $40M |
| Net Debt | -$133M |
