| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $614M | — | $468M | — | 31.3% |
| Op. Income | -$183M | — | -$222M | — | 17.6% |
| Gross Margin | 61.3% | — | 56.9% | — | 4.4pp |
| Net Margin | -31.8% | — | -57.6% | — | 25.9pp |
| EPS (Diluted) | $-2.93 | — | $-3.44 | — | 14.8% |
| Free Cash Flow | -$84M | — | -$213M | — | 60.4% |
| Item | Amount |
|---|---|
| REVENUE | $614M |
| Cost of Revenue | $238M |
| GROSS PROFIT | $377M |
| R&D Expenses | $204M |
| Selling & Marketing | $195M |
| General & Administrative | $133M |
| SG&A Expenses | $328M |
| Other Expenses | $28M |
| Operating Expenses | $559M |
| Cost & Expenses | $797M |
| OPERATING INCOME | -$183M |
| Interest Income | $7M |
| Interest Expense | $16M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$191M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | -$195M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$195M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$241M |
| D&A | $81M |
| EBIT | -$175M |
| EBITDA | -$94M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$195M |
| Depreciation & Amortization | $81M |
| Stock-Based Compensation | $102M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $23M |
| Change in Working Capital | -$53M |
| OPERATING CASH FLOW | -$40M |
| Capital Expenditure | -$45M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$40M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | $24M |
| FREE CASH FLOW | -$84M |
| Net Change in Cash | -$56M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $147M |
| Short-Term Investments | $0 |
| Net Receivables | $67M |
| Inventory | $0 |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $249M |
| PP&E (Net) | $140M |
| Goodwill | $831M |
| Intangible Assets | $281M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.5B |
| Account Payables | $6M |
| Short-Term Debt | $2M |
| Deferred Revenue | $11M |
| Other Current Liabilities | $37M |
| TOTAL CURRENT LIABILITIES | $125M |
| Long-Term Debt | $175M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $241M |
| TOTAL LIABILITIES | $366M |
| Common Stock | $34.0K |
| Additional Paid-In Capital | $389M |
| Retained Earnings | -$867M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $246M |
| Net Debt | $99M |
