| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $629M | $590M | $2.5B | 6.6% | -74.8% |
| Op. Income | -$555M | -$556M | $922M | 0.3% | -160.2% |
| Gross Margin | 86.8% | 51.7% | 79.9% | 35.1pp | 6.9pp |
| Net Margin | -88.5% | -92.3% | 33.6% | 3.7pp | -122.2pp |
| EPS (Diluted) | $-2.50 | $-2.43 | $3.62 | -2.9% | -169.1% |
| Free Cash Flow | $3.2B | -$413M | $2.9B | 879.1% | 9.2% |
| Item | Amount |
|---|---|
| REVENUE | $629M |
| Cost of Revenue | $83M |
| GROSS PROFIT | $546M |
| R&D Expenses | $590M |
| Selling & Marketing | $93M |
| General & Administrative | $378M |
| SG&A Expenses | $471M |
| Other Expenses | $40M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | -$555M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | -$571M |
| Income Tax Expense | -$14M |
| Net Income from Continuing Ops | -$557M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$557M |
| Net Income Deductions | $835.0K |
| BOTTOM LINE NET INCOME | -$558M |
| D&A | $40M |
| EBIT | -$549M |
| EBITDA | -$509M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$557M |
| Depreciation & Amortization | $40M |
| Stock-Based Compensation | $431M |
| Deferred Income Tax | -$24M |
| Other Non-Cash Items | -$61M |
| Change in Working Capital | $3.4B |
| OPERATING CASH FLOW | $3.2B |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$66M |
| Sales/Maturities of Investments | $75M |
| Other Investing Activities | -$36M |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | $20M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5.6B |
| NET CASH FROM FINANCING | -$5.6B |
| FREE CASH FLOW | $3.2B |
| Net Change in Cash | -$2.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.4B |
| Short-Term Investments | $861M |
| Net Receivables | $465M |
| Inventory | $0 |
| Other Current Assets | $80.6B |
| TOTAL CURRENT ASSETS | $86.4B |
| PP&E (Net) | $241M |
| Goodwill | $1.1B |
| Intangible Assets | $135M |
| Long-Term Investments | $751M |
| Tax Assets | $1.0B |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $89.7B |
| Account Payables | $56M |
| Short-Term Debt | $21M |
| Deferred Revenue | $80.2B |
| Other Current Liabilities | $152M |
| TOTAL CURRENT LIABILITIES | $80.8B |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $84.3B |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $3.8B |
| Retained Earnings | $1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$39M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.5B |
| TOTAL LIABILITIES & EQUITY | $89.7B |
| Total Debt | $3.5B |
| Net Debt | -$935M |
