| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $910M | — | $779M | — | 16.9% |
| Op. Income | -$99M | — | -$88M | — | -12.6% |
| Gross Margin | 52.5% | — | 52.8% | — | -0.3pp |
| Net Margin | -9.0% | — | -12.2% | — | 3.2pp |
| EPS (Diluted) | $-1.13 | — | $-1.35 | — | 16.3% |
| Free Cash Flow | $98M | — | $33M | — | 198.5% |
| Item | Amount |
|---|---|
| REVENUE | $910M |
| Cost of Revenue | $433M |
| GROSS PROFIT | $478M |
| R&D Expenses | $157M |
| Selling & Marketing | $297M |
| General & Administrative | $123M |
| SG&A Expenses | $420M |
| Other Expenses | $0 |
| Operating Expenses | $576M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | -$99M |
| Interest Income | $27M |
| Interest Expense | $8M |
| Other Income/Expenses | $19M |
| INCOME BEFORE TAX | -$79M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$82M |
| D&A | $49M |
| EBIT | -$72M |
| EBITDA | -$23M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$82M |
| Depreciation & Amortization | $117M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $53.0K |
| Other Non-Cash Items | $200M |
| Change in Working Capital | -$106M |
| OPERATING CASH FLOW | $129M |
| Capital Expenditure | -$31M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$795M |
| Sales/Maturities of Investments | $657M |
| Other Investing Activities | -$81M |
| NET CASH FROM INVESTING | -$260M |
| Net Debt Issuance | $73M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $95M |
| FREE CASH FLOW | $98M |
| Net Change in Cash | -$37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $143M |
| Short-Term Investments | $587M |
| Net Receivables | $102M |
| Inventory | $0 |
| Other Current Assets | $70M |
| TOTAL CURRENT ASSETS | $924M |
| PP&E (Net) | $152M |
| Goodwill | $227M |
| Intangible Assets | $38M |
| Long-Term Investments | $2M |
| Tax Assets | $4M |
| Other Non-Current Assets | $147M |
| TOTAL NON-CURRENT ASSETS | $571M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $24M |
| Short-Term Debt | $0 |
| Deferred Revenue | $68M |
| Other Current Liabilities | $36M |
| TOTAL CURRENT LIABILITIES | $167M |
| Long-Term Debt | $742M |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $789M |
| TOTAL LIABILITIES | $956M |
| Common Stock | $73.0K |
| Additional Paid-In Capital | $942M |
| Retained Earnings | -$405M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $582.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $538M |
| Minority Interest | $0 |
| TOTAL EQUITY | $538M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $794M |
| Net Debt | $651M |
