| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $175M | — | $237M | — | -26.2% |
| Op. Income | -$42M | — | -$43M | — | 3.2% |
| Gross Margin | 34.5% | — | 20.9% | — | 13.6pp |
| Net Margin | -19.2% | — | -14.6% | — | -4.6pp |
| EPS (Diluted) | $-0.17 | — | $-0.17 | — | 0.0% |
| Free Cash Flow | -$41M | — | $2M | — | -1934.8% |
| Item | Amount |
|---|---|
| REVENUE | $175M |
| Cost of Revenue | $115M |
| GROSS PROFIT | $60M |
| R&D Expenses | $29M |
| Selling & Marketing | $18M |
| General & Administrative | $54M |
| SG&A Expenses | $73M |
| Other Expenses | $0 |
| Operating Expenses | $102M |
| Cost & Expenses | $217M |
| OPERATING INCOME | -$42M |
| Interest Income | $8M |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | -$33M |
| Income Tax Expense | $267.0K |
| Net Income from Continuing Ops | -$34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$34M |
| D&A | $6M |
| EBIT | -$42M |
| EBITDA | -$35M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$34M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$28M |
| OPERATING CASH FLOW | -$33M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$29M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$33M |
| FREE CASH FLOW | -$41M |
| Net Change in Cash | -$73M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $142M |
| Short-Term Investments | $0 |
| Net Receivables | $59M |
| Inventory | $35M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $258M |
| PP&E (Net) | $2M |
| Goodwill | $117M |
| Intangible Assets | $23M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $163M |
| TOTAL ASSETS | $420M |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $35M |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $71M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $53M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $100.0K |
| TOTAL NON-CURRENT LIABILITIES | $60M |
| TOTAL LIABILITIES | $131M |
| Common Stock | $19.0K |
| Additional Paid-In Capital | $637M |
| Retained Earnings | -$348M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$98.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $289M |
| Minority Interest | $0 |
| TOTAL EQUITY | $289M |
| TOTAL LIABILITIES & EQUITY | $420M |
| Total Debt | $7M |
| Net Debt | -$135M |
