| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $208M | — | $217M | — | -4.2% |
| Op. Income | -$209M | — | -$177M | — | -17.9% |
| Gross Margin | 63.6% | — | 64.9% | — | -1.3pp |
| Net Margin | -90.2% | — | 18.8% | — | -109.0pp |
| EPS (Diluted) | $-2.57 | — | $0.54 | — | -575.9% |
| Free Cash Flow | -$165M | — | -$150M | — | -9.7% |
| Item | Amount |
|---|---|
| REVENUE | $208M |
| Cost of Revenue | $75M |
| GROSS PROFIT | $132M |
| R&D Expenses | $202M |
| Selling & Marketing | $40M |
| General & Administrative | $100M |
| SG&A Expenses | $140M |
| Other Expenses | $0 |
| Operating Expenses | $341M |
| Cost & Expenses | $417M |
| OPERATING INCOME | -$209M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $24M |
| INCOME BEFORE TAX | -$186M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$187M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$187M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$187M |
| D&A | $6M |
| EBIT | -$209M |
| EBITDA | -$203M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$187M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $50M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | -$157M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $46M |
| Purchases of Investments | -$251M |
| Sales/Maturities of Investments | $362M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $149M |
| Net Debt Issuance | -$58.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | -$165M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $147M |
| Short-Term Investments | $205M |
| Net Receivables | $255M |
| Inventory | $0 |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $635M |
| PP&E (Net) | $136M |
| Goodwill | $5M |
| Intangible Assets | $0 |
| Long-Term Investments | $43M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $188M |
| TOTAL ASSETS | $823M |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $112M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $192M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $109M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $146.0K |
| TOTAL NON-CURRENT LIABILITIES | $210M |
| TOTAL LIABILITIES | $402M |
| Common Stock | $729.0K |
| Additional Paid-In Capital | $946M |
| Retained Earnings | -$526M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $220.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $421M |
| Minority Interest | $0 |
| TOTAL EQUITY | $421M |
| TOTAL LIABILITIES & EQUITY | $823M |
| Total Debt | $118M |
| Net Debt | -$29M |
