| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | — | $681M | — | 76.1% |
| Op. Income | -$284M | — | -$158M | — | -78.9% |
| Gross Margin | -5.2% | — | -10.2% | — | 5.0pp |
| Net Margin | -24.1% | — | -23.8% | — | -0.3pp |
| EPS (Diluted) | $-4.15 | — | $-2.99 | — | -38.8% |
| Free Cash Flow | -$290M | — | -$270M | — | -7.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | -$62M |
| R&D Expenses | $60M |
| Selling & Marketing | $37M |
| General & Administrative | $117M |
| SG&A Expenses | $154M |
| Other Expenses | $7M |
| Operating Expenses | $221M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | -$284M |
| Interest Income | $326.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$288M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$289M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$289M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$104M |
| D&A | $7M |
| EBIT | -$284M |
| EBITDA | -$276M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$289M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $44M |
| Deferred Income Tax | $516.0K |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$58M |
| OPERATING CASH FLOW | -$282M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | -$29M |
| Purchases of Investments | -$111M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$148M |
| Net Debt Issuance | -$100M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$17M |
| NET CASH FROM FINANCING | $817M |
| FREE CASH FLOW | -$290M |
| Net Change in Cash | $392M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $357M |
| Short-Term Investments | $110M |
| Net Receivables | $357M |
| Inventory | $653M |
| Other Current Assets | $64M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $14M |
| Goodwill | $25M |
| Intangible Assets | $52M |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $51M |
| TOTAL NON-CURRENT ASSETS | $144M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $305M |
| Short-Term Debt | $0 |
| Deferred Revenue | $273M |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $543M |
| Retained Earnings | -$105M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $436M |
| Minority Interest | $193M |
| TOTAL EQUITY | $629M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $3M |
| Net Debt | -$355M |
