| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | — | $1.8B | — | 17.9% |
| Op. Income | -$594M | — | -$856M | — | 30.6% |
| Gross Margin | 68.3% | — | 74.0% | — | -5.8pp |
| Net Margin | -29.9% | — | -33.7% | — | 3.8pp |
| EPS (Diluted) | $-3.54 | — | $-3.48 | — | -1.7% |
| Free Cash Flow | -$438M | — | -$238M | — | -84.0% |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $661M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $394M |
| Selling & Marketing | $930M |
| General & Administrative | $663M |
| SG&A Expenses | $1.6B |
| Other Expenses | $29M |
| Operating Expenses | $2.0B |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | -$594M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$39M |
| INCOME BEFORE TAX | -$633M |
| Income Tax Expense | -$9M |
| Net Income from Continuing Ops | -$624M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$624M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$624M |
| D&A | $198M |
| EBIT | -$619M |
| EBITDA | -$421M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$624M |
| Depreciation & Amortization | $198M |
| Stock-Based Compensation | $207M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $34M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | -$224M |
| Capital Expenditure | -$214M |
| Acquisitions (Net) | -$15M |
| Purchases of Investments | -$174M |
| Sales/Maturities of Investments | $453M |
| Other Investing Activities | $24M |
| NET CASH FROM INVESTING | $74M |
| Net Debt Issuance | $50M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $26M |
| NET CASH FROM FINANCING | $76M |
| FREE CASH FLOW | -$438M |
| Net Change in Cash | -$73M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $242M |
| Short-Term Investments | $390M |
| Net Receivables | $158M |
| Inventory | $118M |
| Other Current Assets | $74M |
| TOTAL CURRENT ASSETS | $982M |
| PP&E (Net) | $852M |
| Goodwill | $2.3B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $91M |
| TOTAL NON-CURRENT ASSETS | $5.2B |
| TOTAL ASSETS | $6.2B |
| Account Payables | $75M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $212M |
| TOTAL CURRENT LIABILITIES | $413M |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $352M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $6.3B |
| Retained Earnings | -$3.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $6.2B |
| Total Debt | $2.4B |
| Net Debt | $2.2B |
