| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $586M | — | $388M | — | 51.1% |
| Op. Income | -$463M | — | -$340M | — | -36.2% |
| Gross Margin | 65.5% | — | 64.6% | — | 0.9pp |
| Net Margin | -77.2% | — | -88.4% | — | 11.1pp |
| EPS (Diluted) | $-1.62 | — | $-1.26 | — | -28.6% |
| Free Cash Flow | -$172M | — | -$114M | — | -50.7% |
| Item | Amount |
|---|---|
| REVENUE | $586M |
| Cost of Revenue | $202M |
| GROSS PROFIT | $384M |
| R&D Expenses | $264M |
| Selling & Marketing | $456M |
| General & Administrative | $126M |
| SG&A Expenses | $582M |
| Other Expenses | $0 |
| Operating Expenses | $846M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | -$463M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $16M |
| INCOME BEFORE TAX | -$446M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | -$453M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$453M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$453M |
| D&A | $8M |
| EBIT | -$463M |
| EBITDA | -$455M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$453M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $278M |
| Deferred Income Tax | -$237.0K |
| Other Non-Cash Items | $42M |
| Change in Working Capital | -$32M |
| OPERATING CASH FLOW | -$157M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $10M |
| Purchases of Investments | -$2.1B |
| Sales/Maturities of Investments | $1.2B |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$866M |
| Net Debt Issuance | -$786.0K |
| Common Stock Repurchased | -$789.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $84M |
| NET CASH FROM FINANCING | $82M |
| FREE CASH FLOW | -$172M |
| Net Change in Cash | -$941M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $436M |
| Short-Term Investments | $1.5B |
| Net Receivables | $178M |
| Inventory | $0 |
| Other Current Assets | $93M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $59M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $88M |
| TOTAL NON-CURRENT ASSETS | $147M |
| TOTAL ASSETS | $2.3B |
| Account Payables | $21M |
| Short-Term Debt | $0 |
| Deferred Revenue | $290M |
| Other Current Liabilities | $44M |
| TOTAL CURRENT LIABILITIES | $424M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $33M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $769M |
| Minority Interest | $0 |
| TOTAL EQUITY | $769M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $1.1B |
| Net Debt | $681M |
