| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $692M | — | $874M | — | -20.8% |
| Op. Income | -$203M | — | -$297M | — | 31.7% |
| Gross Margin | 53.4% | — | 62.4% | — | -9.0pp |
| Net Margin | -28.1% | — | -26.1% | — | -1.9pp |
| EPS (Diluted) | $-31.50 | — | $-41.50 | — | 24.1% |
| Free Cash Flow | -$74M | — | -$293M | — | 74.9% |
| Item | Amount |
|---|---|
| REVENUE | $692M |
| Cost of Revenue | $323M |
| GROSS PROFIT | $370M |
| R&D Expenses | $104M |
| Selling & Marketing | $360M |
| General & Administrative | $78M |
| SG&A Expenses | $438M |
| Other Expenses | $30M |
| Operating Expenses | $573M |
| Cost & Expenses | $895M |
| OPERATING INCOME | -$203M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | -$197M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$194M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$194M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$194M |
| D&A | $99M |
| EBIT | -$194M |
| EBITDA | -$95M |
| EPS | -$32 |
| EPS Diluted | -$32 |
| Item | Amount |
|---|---|
| Net Income | -$194M |
| Depreciation & Amortization | $99M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $54M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | -$47M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | $49M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $48M |
| FREE CASH FLOW | -$74M |
| Net Change in Cash | -$27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $80M |
| Short-Term Investments | $0 |
| Net Receivables | $866.0K |
| Inventory | $54M |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $186M |
| PP&E (Net) | $79M |
| Goodwill | $125M |
| Intangible Assets | $8M |
| Long-Term Investments | $5M |
| Tax Assets | -$5M |
| Other Non-Current Assets | $44M |
| TOTAL NON-CURRENT ASSETS | $257M |
| TOTAL ASSETS | $443M |
| Account Payables | $18M |
| Short-Term Debt | $1M |
| Deferred Revenue | $96M |
| Other Current Liabilities | $33M |
| TOTAL CURRENT LIABILITIES | $185M |
| Long-Term Debt | $40M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $181.0K |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $47M |
| TOTAL LIABILITIES | $232M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $631M |
| Retained Earnings | -$419M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $37.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $212M |
| Minority Interest | $0 |
| TOTAL EQUITY | $212M |
| TOTAL LIABILITIES & EQUITY | $443M |
| Total Debt | $46M |
| Net Debt | -$34M |
