| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | — | $729M | — | 38.0% |
| Op. Income | -$60M | — | -$165M | — | 63.7% |
| Gross Margin | 54.7% | — | 55.3% | — | -0.6pp |
| Net Margin | -6.9% | — | -25.7% | — | 18.8pp |
| EPS (Diluted) | $-0.38 | — | $-1.20 | — | 68.3% |
| Free Cash Flow | $92M | — | $55M | — | 68.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $456M |
| GROSS PROFIT | $550M |
| R&D Expenses | $91M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $519M |
| Other Expenses | $0 |
| Operating Expenses | $610M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | -$60M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | -$75M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | -$70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$70M |
| D&A | $56M |
| EBIT | -$68M |
| EBITDA | -$12M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$70M |
| Depreciation & Amortization | $56M |
| Stock-Based Compensation | $195M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | -$986.0K |
| Change in Working Capital | -$39M |
| OPERATING CASH FLOW | $134M |
| Capital Expenditure | -$42M |
| Acquisitions (Net) | -$56M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | -$98M |
| Net Debt Issuance | $12M |
| Common Stock Repurchased | -$42M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$451.0K |
| NET CASH FROM FINANCING | $198M |
| FREE CASH FLOW | $92M |
| Net Change in Cash | $234M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $366M |
| Short-Term Investments | $0 |
| Net Receivables | $235M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $617M |
| PP&E (Net) | $18M |
| Goodwill | $326M |
| Intangible Assets | $144M |
| Long-Term Investments | $0 |
| Tax Assets | $20M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $515M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $44M |
| Short-Term Debt | $0 |
| Deferred Revenue | $10M |
| Other Current Liabilities | $89M |
| TOTAL CURRENT LIABILITIES | $199M |
| Long-Term Debt | $196M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $20M |
| Other Non-Current Liabilities | $39M |
| TOTAL NON-CURRENT LIABILITIES | $255M |
| TOTAL LIABILITIES | $454M |
| Common Stock | $237.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $677M |
| Minority Interest | $0 |
| TOTAL EQUITY | $677M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $196M |
| Net Debt | -$170M |
