| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.5B | — | $2.1B | — | 19.9% |
| Op. Income | -$215M | — | -$594M | — | 63.8% |
| Gross Margin | 70.5% | — | 68.3% | — | 2.2pp |
| Net Margin | -8.2% | — | -29.9% | — | 21.7pp |
| EPS (Diluted) | $-1.13 | — | $-3.54 | — | 68.1% |
| Free Cash Flow | $32M | — | -$438M | — | 107.3% |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $738M |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $427M |
| Selling & Marketing | $226M |
| General & Administrative | $1.4B |
| SG&A Expenses | $1.6B |
| Other Expenses | -$70M |
| Operating Expenses | $2.0B |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | -$215M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | $13M |
| INCOME BEFORE TAX | -$202M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$204M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$204M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$204M |
| D&A | $207M |
| EBIT | -$177M |
| EBITDA | $29M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$204M |
| Depreciation & Amortization | $207M |
| Stock-Based Compensation | $231M |
| Deferred Income Tax | -$955.0K |
| Other Non-Cash Items | -$76M |
| Change in Working Capital | -$342.0K |
| OPERATING CASH FLOW | $156M |
| Capital Expenditure | -$124M |
| Acquisitions (Net) | -$52M |
| Purchases of Investments | -$156M |
| Sales/Maturities of Investments | $383M |
| Other Investing Activities | -$250.0K |
| NET CASH FROM INVESTING | $50M |
| Net Debt Issuance | $138M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $22M |
| NET CASH FROM FINANCING | $160M |
| FREE CASH FLOW | $32M |
| Net Change in Cash | $367M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $605M |
| Short-Term Investments | $172M |
| Net Receivables | $204M |
| Inventory | $127M |
| Other Current Assets | $86M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $842M |
| Goodwill | $2.4B |
| Intangible Assets | $1.9B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $177M |
| TOTAL NON-CURRENT ASSETS | $5.3B |
| TOTAL ASSETS | $6.5B |
| Account Payables | $79M |
| Short-Term Debt | $50M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $262M |
| TOTAL CURRENT LIABILITIES | $515M |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $336M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $2M |
| Additional Paid-In Capital | $6.6B |
| Retained Earnings | -$3.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $6.5B |
| Total Debt | $2.6B |
| Net Debt | $1.9B |
