| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.5B | — | $2.1B | — | 19.4% |
| Op. Income | -$88M | — | -$62M | — | -42.3% |
| Gross Margin | 78.7% | — | 77.9% | — | 0.8pp |
| Net Margin | -3.9% | — | -3.3% | — | -0.6pp |
| EPS (Diluted) | $-0.49 | — | $-0.36 | — | -36.1% |
| Free Cash Flow | $429M | — | $445M | — | -3.6% |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $536M |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $481M |
| Selling & Marketing | $1.2B |
| General & Administrative | $316M |
| SG&A Expenses | $1.6B |
| Other Expenses | $28M |
| Operating Expenses | $2.1B |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | -$88M |
| Interest Income | $5M |
| Interest Expense | $6M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$90M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | -$97M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$97M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$97M |
| D&A | $86M |
| EBIT | -$83M |
| EBITDA | $3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$97M |
| Depreciation & Amortization | $86M |
| Stock-Based Compensation | $539M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $233M |
| Change in Working Capital | -$256M |
| OPERATING CASH FLOW | $507M |
| Capital Expenditure | -$78M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$537M |
| Sales/Maturities of Investments | $424M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$191M |
| Net Debt Issuance | -$16.0K |
| Common Stock Repurchased | -$63M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$84M |
| NET CASH FROM FINANCING | -$98M |
| FREE CASH FLOW | $429M |
| Net Change in Cash | $214M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $722M |
| Short-Term Investments | $310M |
| Net Receivables | $529M |
| Inventory | $0 |
| Other Current Assets | $70M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $341M |
| Goodwill | $354M |
| Intangible Assets | $70M |
| Long-Term Investments | $186M |
| Tax Assets | $0 |
| Other Non-Current Assets | $430M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $24M |
| Short-Term Debt | $723M |
| Deferred Revenue | $1.2B |
| Other Current Liabilities | $163M |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $17M |
| Deferred Tax Liabilities | $11M |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $187M |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | -$1.6B |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$23M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $617M |
| Minority Interest | $0 |
| TOTAL EQUITY | $617M |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $888M |
| Net Debt | $166M |
