| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.1B | $1.1B | 5.4% | 11.0% |
| Op. Income | $14M | -$1M | -$50M | 1239.2% | 127.6% |
| Gross Margin | 49.2% | 50.0% | 47.7% | -0.8pp | 1.5pp |
| Net Margin | -1.0% | -0.9% | -34.0% | -0.2pp | 32.9pp |
| EPS (Diluted) | $-0.08 | $-0.06 | $-2.01 | -30.9% | 96.0% |
| Free Cash Flow | $93M | $189M | $211M | -50.6% | -55.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $607M |
| GROSS PROFIT | $588M |
| R&D Expenses | $253M |
| Selling & Marketing | $169M |
| General & Administrative | $117M |
| SG&A Expenses | $286M |
| Other Expenses | $36M |
| Operating Expenses | $574M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $14M |
| Interest Income | $20M |
| Interest Expense | $0 |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $50M |
| EBIT | $14M |
| EBITDA | $63M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $50M |
| Stock-Based Compensation | $156M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $75M |
| Change in Working Capital | -$160M |
| OPERATING CASH FLOW | $108M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$184M |
| Sales/Maturities of Investments | $328M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $129M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$420M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$19.0K |
| NET CASH FROM FINANCING | -$408M |
| FREE CASH FLOW | $93M |
| Net Change in Cash | -$170M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $421M |
| Short-Term Investments | $2.0B |
| Net Receivables | $589M |
| Inventory | $0 |
| Other Current Assets | $140M |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $244M |
| Goodwill | $5.2B |
| Intangible Assets | $239M |
| Long-Term Investments | $486M |
| Tax Assets | $0 |
| Other Non-Current Assets | $206M |
| TOTAL NON-CURRENT ASSETS | $6.4B |
| TOTAL ASSETS | $9.9B |
| Account Payables | $100M |
| Short-Term Debt | $0 |
| Deferred Revenue | $156M |
| Other Current Liabilities | $110M |
| TOTAL CURRENT LIABILITIES | $820M |
| Long-Term Debt | $991M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $153.0K |
| Additional Paid-In Capital | $15.5B |
| Retained Earnings | -$7.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.0B |
| TOTAL LIABILITIES & EQUITY | $9.9B |
| Total Debt | $1.1B |
| Net Debt | $689M |
