| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $526M | — | $718M | — | -26.7% |
| Op. Income | -$207M | — | -$2M | — | -10240.0% |
| Gross Margin | 69.7% | — | 65.0% | — | 4.6pp |
| Net Margin | -139.5% | — | 1.7% | — | -141.2pp |
| EPS (Diluted) | $-1.35 | — | $-0.30 | — | -350.0% |
| Free Cash Flow | -$303M | — | -$67M | — | -352.4% |
| Item | Amount |
|---|---|
| REVENUE | $526M |
| Cost of Revenue | $160M |
| GROSS PROFIT | $367M |
| R&D Expenses | $134M |
| Selling & Marketing | $103M |
| General & Administrative | $172M |
| SG&A Expenses | $275M |
| Other Expenses | $165M |
| Operating Expenses | $573M |
| Cost & Expenses | $733M |
| OPERATING INCOME | -$207M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | -$202M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | -$216M |
| Net Income from Discontinued Ops | -$519M |
| Other Adjustments | $0 |
| NET INCOME | -$734M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$216M |
| D&A | $105M |
| EBIT | -$195M |
| EBITDA | -$91M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$734M |
| Depreciation & Amortization | $105M |
| Stock-Based Compensation | $34M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $327M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | -$262M |
| Capital Expenditure | -$41M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$517M |
| Sales/Maturities of Investments | $716M |
| Other Investing Activities | -$17M |
| NET CASH FROM INVESTING | $175M |
| Net Debt Issuance | -$100.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$303M |
| Net Change in Cash | -$84M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $295M |
| Short-Term Investments | $131M |
| Net Receivables | $135M |
| Inventory | $0 |
| Other Current Assets | $182M |
| TOTAL CURRENT ASSETS | $743M |
| PP&E (Net) | $69M |
| Goodwill | $595M |
| Intangible Assets | $203M |
| Long-Term Investments | $34M |
| Tax Assets | $0 |
| Other Non-Current Assets | $35M |
| TOTAL NON-CURRENT ASSETS | $936M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $24M |
| Short-Term Debt | $367M |
| Deferred Revenue | $175M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $729M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $40M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $93M |
| TOTAL LIABILITIES | $822M |
| Common Stock | $2.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$24M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $857M |
| Minority Interest | $0 |
| TOTAL EQUITY | $857M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $443M |
| Net Debt | $148M |
