| Metric | FY 2021 | Prior Q | FY 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | — | $1.5B | — | 24.2% |
| Op. Income | -$86M | — | -$75M | — | -14.7% |
| Gross Margin | 66.8% | — | 59.5% | — | 7.3pp |
| Net Margin | -4.0% | — | -4.7% | — | 0.8pp |
| EPS (Diluted) | $-0.26 | — | $-0.25 | — | -4.0% |
| Free Cash Flow | -$226M | — | -$98M | — | -130.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $608M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $368M |
| Selling & Marketing | $394M |
| General & Administrative | $288M |
| SG&A Expenses | $682M |
| Other Expenses | $262M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | -$86M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | -$72M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$73M |
| D&A | $27M |
| EBIT | -$86M |
| EBITDA | -$59M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$73M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$192M |
| OPERATING CASH FLOW | -$204M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | -$54M |
| Purchases of Investments | -$623M |
| Sales/Maturities of Investments | $369M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$330M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $74M |
| NET CASH FROM FINANCING | $464M |
| FREE CASH FLOW | -$226M |
| Net Change in Cash | -$71M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $348M |
| Net Receivables | $832M |
| Inventory | $0 |
| Other Current Assets | $68M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $73M |
| Goodwill | $263M |
| Intangible Assets | $68M |
| Long-Term Investments | $146M |
| Tax Assets | $0 |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $566M |
| TOTAL ASSETS | $3.0B |
| Account Payables | $60M |
| Short-Term Debt | $11M |
| Deferred Revenue | $148M |
| Other Current Liabilities | $351M |
| TOTAL CURRENT LIABILITIES | $592M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $77M |
| TOTAL NON-CURRENT LIABILITIES | $120M |
| TOTAL LIABILITIES | $712M |
| Common Stock | $0 |
| Additional Paid-In Capital | $833M |
| Retained Earnings | -$1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $54M |
| Net Debt | -$1.1B |
