| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | — | $870M | — | 55.0% |
| Op. Income | -$866M | — | -$384M | — | -125.7% |
| Gross Margin | 57.3% | — | 62.9% | — | -5.6pp |
| Net Margin | -52.4% | — | -50.7% | — | -1.8pp |
| EPS (Diluted) | $-2.51 | — | $-1.64 | — | -53.0% |
| Free Cash Flow | -$274M | — | -$213M | — | -28.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $576M |
| GROSS PROFIT | $773M |
| R&D Expenses | $0 |
| Selling & Marketing | $532M |
| General & Administrative | $577M |
| SG&A Expenses | $1.1B |
| Other Expenses | $529M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | -$866M |
| Interest Income | $0 |
| Interest Expense | $70M |
| Other Income/Expenses | $141M |
| INCOME BEFORE TAX | -$725M |
| Income Tax Expense | -$17M |
| Net Income from Continuing Ops | -$707M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$707M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$707M |
| D&A | $53M |
| EBIT | -$655M |
| EBITDA | -$602M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$707M |
| Depreciation & Amortization | $53M |
| Stock-Based Compensation | $391M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $111M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | -$162M |
| Capital Expenditure | -$112M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | -$1.8B |
| Sales/Maturities of Investments | $311M |
| Other Investing Activities | -$389M |
| NET CASH FROM INVESTING | -$2.0B |
| Net Debt Issuance | $2.2B |
| Common Stock Repurchased | -$86.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$125M |
| NET CASH FROM FINANCING | $2.0B |
| FREE CASH FLOW | -$274M |
| Net Change in Cash | -$142M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $1.6B |
| Net Receivables | $2.5B |
| Inventory | $0 |
| Other Current Assets | $298M |
| TOTAL CURRENT ASSETS | $5.7B |
| PP&E (Net) | $222M |
| Goodwill | $540M |
| Intangible Assets | $79M |
| Long-Term Investments | $43M |
| Tax Assets | $0 |
| Other Non-Current Assets | $413M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $7.0B |
| Account Payables | $33M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $107M |
| Long-Term Debt | $4.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $105M |
| TOTAL NON-CURRENT LIABILITIES | $4.2B |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | -$1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $7.0B |
| Total Debt | $4.1B |
| Net Debt | $2.9B |
