| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $642M | — | $238M | — | 169.4% |
| Op. Income | -$317M | — | -$114M | — | -178.0% |
| Gross Margin | 77.4% | — | 74.1% | — | 3.4pp |
| Net Margin | -50.8% | — | -41.4% | — | -9.4pp |
| EPS (Diluted) | $-3.21 | — | $-1.19 | — | -169.7% |
| Free Cash Flow | -$34M | — | -$17M | — | -103.4% |
| Item | Amount |
|---|---|
| REVENUE | $642M |
| Cost of Revenue | $145M |
| GROSS PROFIT | $497M |
| R&D Expenses | $220M |
| Selling & Marketing | $307M |
| General & Administrative | $241M |
| SG&A Expenses | $548M |
| Other Expenses | $46M |
| Operating Expenses | $814M |
| Cost & Expenses | $959M |
| OPERATING INCOME | -$317M |
| Interest Income | $7M |
| Interest Expense | $9M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | -$331M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$326M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$326M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$326M |
| D&A | $96M |
| EBIT | -$321M |
| EBITDA | -$225M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$326M |
| Depreciation & Amortization | $88M |
| Stock-Based Compensation | $197M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $44M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | -$18M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | -$144M |
| Purchases of Investments | -$2.8B |
| Sales/Maturities of Investments | $2.0B |
| Other Investing Activities | -$124M |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | $558M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $980M |
| NET CASH FROM FINANCING | $2.9B |
| FREE CASH FLOW | -$34M |
| Net Change in Cash | $1.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $1.1B |
| Net Receivables | $280M |
| Inventory | $3.1B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.3B |
| PP&E (Net) | $133M |
| Goodwill | $2.4B |
| Intangible Assets | $433M |
| Long-Term Investments | $0 |
| Tax Assets | -$7M |
| Other Non-Current Assets | $54M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $9.3B |
| Account Payables | $10M |
| Short-Term Debt | $75M |
| Deferred Revenue | $3.2B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.4B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $5.2B |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $4.6B |
| Retained Earnings | -$545M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $9.3B |
| Total Debt | $1.9B |
| Net Debt | $259M |
