| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.3B | — | $945M | — | 569.8% |
| Op. Income | -$187M | — | -$241M | — | 22.1% |
| Gross Margin | 5.7% | — | 100.0% | — | -94.3pp |
| Net Margin | -3.4% | — | -28.1% | — | 24.7pp |
| EPS (Diluted) | $-11.45 | — | $-15.18 | — | 24.6% |
| Free Cash Flow | $343M | — | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $6.3B |
| Cost of Revenue | $6.0B |
| GROSS PROFIT | $361M |
| R&D Expenses | $154M |
| Selling & Marketing | $238M |
| General & Administrative | $146M |
| SG&A Expenses | $384M |
| Other Expenses | $11M |
| Operating Expenses | $549M |
| Cost & Expenses | $6.5B |
| OPERATING INCOME | -$187M |
| Interest Income | $2M |
| Interest Expense | $23M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | -$215M |
| Income Tax Expense | $117.0K |
| Net Income from Continuing Ops | -$215M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$215M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$215M |
| D&A | $11M |
| EBIT | -$192M |
| EBITDA | -$181M |
| EPS | -$11 |
| EPS Diluted | -$11 |
| Item | Amount |
|---|---|
| Net Income | -$215M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $127M |
| Deferred Income Tax | $117.0K |
| Other Non-Cash Items | $66M |
| Change in Working Capital | $359M |
| OPERATING CASH FLOW | $347M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$20M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | -$292M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $829.0K |
| NET CASH FROM FINANCING | -$291M |
| FREE CASH FLOW | $343M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $285M |
| Short-Term Investments | $74M |
| Net Receivables | $55M |
| Inventory | $0 |
| Other Current Assets | $1.9B |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $9M |
| Goodwill | $7M |
| Intangible Assets | $26M |
| Long-Term Investments | $0 |
| Tax Assets | $10M |
| Other Non-Current Assets | $45M |
| TOTAL NON-CURRENT ASSETS | $97M |
| TOTAL ASSETS | $2.4B |
| Account Payables | $9M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.7B |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $41M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $364M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$255M |
| Other Equity | $250M |
| TOTAL STOCKHOLDERS' EQUITY | $515M |
| Minority Interest | $0 |
| TOTAL EQUITY | $515M |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $46M |
| Net Debt | -$239M |
