| Metric | FY 2020 | Prior Q | FY 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $974M | — | $701M | — | 38.9% |
| Op. Income | -$194M | — | -$426M | — | 54.6% |
| Gross Margin | 75.0% | — | 72.5% | — | 2.5pp |
| Net Margin | -21.4% | — | -60.8% | — | 39.4pp |
| EPS (Diluted) | $-1.18 | — | $-3.16 | — | 62.7% |
| Free Cash Flow | $44M | — | $46M | — | -4.4% |
| Item | Amount |
|---|---|
| REVENUE | $974M |
| Cost of Revenue | $243M |
| GROSS PROFIT | $731M |
| R&D Expenses | $186M |
| Selling & Marketing | $591M |
| General & Administrative | $147M |
| SG&A Expenses | $739M |
| Other Expenses | $0 |
| Operating Expenses | $924M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | -$194M |
| Interest Income | $19M |
| Interest Expense | $29M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$204M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | -$208M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$208M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$208M |
| D&A | $50M |
| EBIT | -$176M |
| EBITDA | -$126M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$208M |
| Depreciation & Amortization | $50M |
| Stock-Based Compensation | $206M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $114M |
| Change in Working Capital | -$48M |
| OPERATING CASH FLOW | $116M |
| Capital Expenditure | -$72M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$877M |
| Sales/Maturities of Investments | $627M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$321M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$167M |
| NET CASH FROM FINANCING | -$70M |
| FREE CASH FLOW | $44M |
| Net Change in Cash | -$277M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $241M |
| Short-Term Investments | $415M |
| Net Receivables | $250M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $944M |
| PP&E (Net) | $278M |
| Goodwill | $195M |
| Intangible Assets | $57M |
| Long-Term Investments | $240M |
| Tax Assets | $0 |
| Other Non-Current Assets | $178M |
| TOTAL NON-CURRENT ASSETS | $947M |
| TOTAL ASSETS | $1.9B |
| Account Payables | $28M |
| Short-Term Debt | $0 |
| Deferred Revenue | $508M |
| Other Current Liabilities | $83M |
| TOTAL CURRENT LIABILITIES | $694M |
| Long-Term Debt | $465M |
| Deferred Revenue NC | $11M |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $651M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $18.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $546M |
| Minority Interest | $0 |
| TOTAL EQUITY | $546M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $648M |
| Net Debt | $407M |
