| Metric | FY 2021 | Prior Q | FY 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $893M | — | $1.0B | — | -14.1% |
| Op. Income | -$1.1B | — | -$149M | — | -643.0% |
| Gross Margin | 72.0% | — | 73.4% | — | -1.4pp |
| Net Margin | -123.6% | — | -14.6% | — | -109.0pp |
| EPS (Diluted) | $-1.97 | — | $-0.25 | — | -688.0% |
| Free Cash Flow | $38M | — | -$18M | — | 311.1% |
| Item | Amount |
|---|---|
| REVENUE | $893M |
| Cost of Revenue | $250M |
| GROSS PROFIT | $643M |
| R&D Expenses | $215M |
| Selling & Marketing | $0 |
| General & Administrative | $344M |
| SG&A Expenses | $344M |
| Other Expenses | $1.2B |
| Operating Expenses | $1.8B |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | -$1.1B |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$1.1B |
| Income Tax Expense | -$9M |
| Net Income from Continuing Ops | -$1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.1B |
| D&A | $198M |
| EBIT | -$98M |
| EBITDA | $100M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$1.1B |
| Depreciation & Amortization | $198M |
| Stock-Based Compensation | $44M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $1.0B |
| Change in Working Capital | -$56M |
| OPERATING CASH FLOW | $82M |
| Capital Expenditure | -$44M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.0B |
| Sales/Maturities of Investments | $1.0B |
| Other Investing Activities | -$60M |
| NET CASH FROM INVESTING | -$65M |
| Net Debt Issuance | -$246M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$227M |
| FREE CASH FLOW | $38M |
| Net Change in Cash | -$208M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $214M |
| Short-Term Investments | $525M |
| Net Receivables | $217M |
| Inventory | $0 |
| Other Current Assets | $50M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $111M |
| Goodwill | $849M |
| Intangible Assets | $771M |
| Long-Term Investments | $37M |
| Tax Assets | $0 |
| Other Non-Current Assets | $44M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $20M |
| Short-Term Debt | $33M |
| Deferred Revenue | $225M |
| Other Current Liabilities | -$13M |
| TOTAL CURRENT LIABILITIES | $429M |
| Long-Term Debt | $720M |
| Deferred Revenue NC | $69M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $885M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $2.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $843M |
| Net Debt | $629M |
