| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $524M | — | $415M | — | 26.1% |
| Op. Income | -$177M | — | -$143M | — | -24.0% |
| Gross Margin | 63.3% | — | 60.1% | — | 3.2pp |
| Net Margin | -33.5% | — | -35.0% | — | 1.5pp |
| EPS (Diluted) | $-1.21 | — | $-1.28 | — | 5.5% |
| Free Cash Flow | -$52M | — | -$12M | — | -336.4% |
| Item | Amount |
|---|---|
| REVENUE | $524M |
| Cost of Revenue | $192M |
| GROSS PROFIT | $331M |
| R&D Expenses | $165M |
| Selling & Marketing | $228M |
| General & Administrative | $106M |
| SG&A Expenses | $334M |
| Other Expenses | $10M |
| Operating Expenses | $509M |
| Cost & Expenses | $701M |
| OPERATING INCOME | -$177M |
| Interest Income | $9M |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | -$171M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | -$175M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$175M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$175M |
| D&A | $19M |
| EBIT | -$167M |
| EBITDA | -$149M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$175M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $111M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$38M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$594M |
| Sales/Maturities of Investments | $375M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$234M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$52M |
| Net Change in Cash | -$260M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $321M |
| Short-Term Investments | $460M |
| Net Receivables | $54M |
| Inventory | $0 |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $852M |
| PP&E (Net) | $37M |
| Goodwill | $0 |
| Intangible Assets | $9M |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $49M |
| TOTAL NON-CURRENT ASSETS | $96M |
| TOTAL ASSETS | $948M |
| Account Payables | $90M |
| Short-Term Debt | $9M |
| Deferred Revenue | $116M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $242M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $253M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$664M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | -$718.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $695M |
| Minority Interest | $0 |
| TOTAL EQUITY | $695M |
| TOTAL LIABILITIES & EQUITY | $948M |
| Total Debt | $14M |
| Net Debt | -$306M |
