| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.4B | $1.4B | 13.5% | 14.4% |
| Op. Income | -$27M | -$173M | -$249M | 84.5% | 89.2% |
| Gross Margin | 56.9% | 53.5% | 54.3% | 3.4pp | 2.5pp |
| Net Margin | 0.6% | -11.2% | -18.2% | 11.7pp | 18.8pp |
| EPS (Diluted) | $0.01 | $-0.09 | $-0.15 | 105.7% | 103.5% |
| Free Cash Flow | $182M | $72M | $111M | 153.9% | 64.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $672M |
| GROSS PROFIT | $886M |
| R&D Expenses | $423M |
| Selling & Marketing | $248M |
| General & Administrative | $241M |
| SG&A Expenses | $490M |
| Other Expenses | $0 |
| Operating Expenses | $913M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | -$27M |
| Interest Income | $39M |
| Interest Expense | $6M |
| Other Income/Expenses | $41M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $40M |
| EBIT | $20M |
| EBITDA | $60M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $40M |
| Stock-Based Compensation | $258M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | -$64M |
| OPERATING CASH FLOW | $231M |
| Capital Expenditure | -$48M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$342M |
| Sales/Maturities of Investments | $242M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$149M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $182M |
| Net Change in Cash | $82M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $2.3B |
| Net Receivables | $1.3B |
| Inventory | $0 |
| Other Current Assets | $182M |
| TOTAL CURRENT ASSETS | $4.9B |
| PP&E (Net) | $1.0B |
| Goodwill | $1.7B |
| Intangible Assets | $86M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $234M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $7.9B |
| Account Payables | $173M |
| Short-Term Debt | $36M |
| Deferred Revenue | $113M |
| Other Current Liabilities | $302M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $3.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $59M |
| TOTAL NON-CURRENT LIABILITIES | $4.2B |
| TOTAL LIABILITIES | $5.5B |
| Common Stock | $16.0K |
| Additional Paid-In Capital | $15.6B |
| Retained Earnings | -$12.7B |
| Treasury Stock | -$461M |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $7.9B |
| Total Debt | $4.2B |
| Net Debt | $3.2B |
