| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $779M | — | $610M | — | 27.8% |
| Op. Income | -$88M | — | -$56M | — | -55.7% |
| Gross Margin | 52.8% | — | 55.5% | — | -2.7pp |
| Net Margin | -12.2% | — | -8.7% | — | -3.5pp |
| EPS (Diluted) | $-1.35 | — | $-0.79 | — | -70.9% |
| Free Cash Flow | $33M | — | -$13M | — | 347.3% |
| Item | Amount |
|---|---|
| REVENUE | $779M |
| Cost of Revenue | $368M |
| GROSS PROFIT | $411M |
| R&D Expenses | $142M |
| Selling & Marketing | $262M |
| General & Administrative | $95M |
| SG&A Expenses | $357M |
| Other Expenses | $0 |
| Operating Expenses | $499M |
| Cost & Expenses | $866M |
| OPERATING INCOME | -$88M |
| Interest Income | $5M |
| Interest Expense | $7M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$90M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | -$95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$95M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$95M |
| D&A | $45M |
| EBIT | -$83M |
| EBITDA | -$38M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$95M |
| Depreciation & Amortization | $45M |
| Stock-Based Compensation | $173M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $51M |
| Change in Working Capital | -$87M |
| OPERATING CASH FLOW | $89M |
| Capital Expenditure | -$56M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$436M |
| Sales/Maturities of Investments | $525M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | $31M |
| Net Debt Issuance | -$34M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$30M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | $90M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $181M |
| Short-Term Investments | $434M |
| Net Receivables | $91M |
| Inventory | $0 |
| Other Current Assets | $56M |
| TOTAL CURRENT ASSETS | $779M |
| PP&E (Net) | $145M |
| Goodwill | $165M |
| Intangible Assets | $28M |
| Long-Term Investments | $885.0K |
| Tax Assets | $4M |
| Other Non-Current Assets | $122M |
| TOTAL NON-CURRENT ASSETS | $466M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $24M |
| Short-Term Debt | $169.0K |
| Deferred Revenue | $58M |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $151M |
| Long-Term Debt | $738M |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $157.0K |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $784M |
| TOTAL LIABILITIES | $935M |
| Common Stock | $71.0K |
| Additional Paid-In Capital | $636M |
| Retained Earnings | -$323M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $310M |
| Minority Interest | $0 |
| TOTAL EQUITY | $310M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $791M |
| Net Debt | $610M |
