| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $638M | — | $532M | — | 19.9% |
| Op. Income | -$154M | — | -$146M | — | -5.5% |
| Gross Margin | 61.2% | — | 56.8% | — | 4.4pp |
| Net Margin | -27.5% | — | -31.1% | — | 3.6pp |
| EPS (Diluted) | $-1.55 | — | $-1.40 | — | -10.7% |
| Free Cash Flow | $10M | — | -$49M | — | 120.6% |
| Item | Amount |
|---|---|
| REVENUE | $638M |
| Cost of Revenue | $248M |
| GROSS PROFIT | $391M |
| R&D Expenses | $112M |
| Selling & Marketing | $314M |
| General & Administrative | $118M |
| SG&A Expenses | $432M |
| Other Expenses | $0 |
| Operating Expenses | $545M |
| Cost & Expenses | $792M |
| OPERATING INCOME | -$154M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | -$176M |
| Income Tax Expense | -$387.0K |
| 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 | $50M |
| EBIT | -$153M |
| EBITDA | -$103M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$175M |
| Depreciation & Amortization | $49M |
| Stock-Based Compensation | $133M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $74M |
| Change in Working Capital | -$46M |
| OPERATING CASH FLOW | $35M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | -$125M |
| Purchases of Investments | -$83M |
| Sales/Maturities of Investments | $73M |
| Other Investing Activities | -$20M |
| NET CASH FROM INVESTING | -$160M |
| Net Debt Issuance | $135M |
| Common Stock Repurchased | -$45M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $16M |
| NET CASH FROM FINANCING | $105M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $91M |
| Short-Term Investments | $45M |
| Net Receivables | $57M |
| Inventory | $0 |
| Other Current Assets | $58M |
| TOTAL CURRENT ASSETS | $276M |
| PP&E (Net) | $142M |
| Goodwill | $267M |
| Intangible Assets | $128M |
| Long-Term Investments | $3M |
| Tax Assets | $0 |
| Other Non-Current Assets | $94M |
| TOTAL NON-CURRENT ASSETS | $635M |
| TOTAL ASSETS | $910M |
| Account Payables | $50M |
| Short-Term Debt | $0 |
| Deferred Revenue | $34M |
| Other Current Liabilities | $36M |
| TOTAL CURRENT LIABILITIES | $192M |
| Long-Term Debt | $447M |
| Deferred Revenue NC | $11M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $536M |
| TOTAL LIABILITIES | $728M |
| Common Stock | $118.0K |
| Additional Paid-In Capital | $957M |
| Retained Earnings | -$766M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $182M |
| Minority Interest | $0 |
| TOTAL EQUITY | $182M |
| TOTAL LIABILITIES & EQUITY | $910M |
| Total Debt | $537M |
| Net Debt | $446M |
