| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $615M | $609M | $571M | 0.9% | 7.6% |
| Op. Income | $16M | $3M | -$45M | 375.1% | 134.7% |
| Gross Margin | 71.0% | 70.4% | 70.2% | 0.6pp | 0.8pp |
| Net Margin | -1.2% | -1.3% | -8.3% | 0.1pp | 7.1pp |
| EPS (Diluted) | $-0.08 | $-0.09 | $-0.50 | 6.4% | 84.0% |
| Free Cash Flow | $112M | $103M | $94M | 8.7% | 19.1% |
| Item | Amount |
|---|---|
| REVENUE | $615M |
| Cost of Revenue | $178M |
| GROSS PROFIT | $436M |
| R&D Expenses | $85M |
| Selling & Marketing | $277M |
| General & Administrative | $59M |
| SG&A Expenses | $336M |
| Other Expenses | $0 |
| Operating Expenses | $421M |
| Cost & Expenses | $599M |
| OPERATING INCOME | $16M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $55M |
| EBIT | $18M |
| EBITDA | $73M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $55M |
| Stock-Based Compensation | $80M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $56M |
| Change in Working Capital | -$51M |
| OPERATING CASH FLOW | $133M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$77M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$78M |
| FREE CASH FLOW | $112M |
| Net Change in Cash | $30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $243M |
| Short-Term Investments | $0 |
| Net Receivables | $386M |
| Inventory | $1M |
| Other Current Assets | $201M |
| TOTAL CURRENT ASSETS | $871M |
| PP&E (Net) | $227M |
| Goodwill | $83M |
| Intangible Assets | $259M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $340M |
| TOTAL NON-CURRENT ASSETS | $909M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $22M |
| Short-Term Debt | $181M |
| Deferred Revenue | $262M |
| Other Current Liabilities | $47M |
| TOTAL CURRENT LIABILITIES | $749M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $204M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $9.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$1.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$551M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$551M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $1.6B |
| Net Debt | $1.3B |
