| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.5B | — | $2.9B | — | 20.4% |
| Op. Income | -$117M | — | -$925M | — | 87.4% |
| Gross Margin | 30.9% | — | 20.1% | — | 10.8pp |
| Net Margin | -3.4% | — | -32.0% | — | 28.6pp |
| EPS (Diluted) | $-0.82 | — | $-10.85 | — | 92.5% |
| Free Cash Flow | -$3M | — | -$894M | — | 99.7% |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $147M |
| Selling & Marketing | $79M |
| General & Administrative | $85M |
| SG&A Expenses | $164M |
| Other Expenses | $900M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | -$117M |
| Interest Income | $14M |
| Interest Expense | $20M |
| Other Income/Expenses | -$60.6K |
| INCOME BEFORE TAX | -$117M |
| Income Tax Expense | $985.1K |
| Net Income from Continuing Ops | -$118M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$119M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$119M |
| D&A | $30M |
| EBIT | -$97M |
| EBITDA | -$68M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$118M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $34M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $12M |
| Change in Working Capital | $57M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$950M |
| Sales/Maturities of Investments | $961M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $155M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | $163M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $174M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $271M |
| Short-Term Investments | $678M |
| Net Receivables | $21M |
| Inventory | $88M |
| Other Current Assets | $38M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $254M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $276M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $276M |
| Short-Term Debt | $619M |
| Deferred Revenue | $42M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $110M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $584 |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$2.0B |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $45M |
| Minority Interest | $16M |
| TOTAL EQUITY | $61M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $820M |
| Net Debt | $548M |
