| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $337M | — | $298M | — | 13.3% |
| Op. Income | -$75M | — | -$45M | — | -64.4% |
| Gross Margin | 80.5% | — | 82.6% | — | -2.2pp |
| Net Margin | -21.2% | — | -21.8% | — | 0.7pp |
| EPS (Diluted) | $-1.94 | — | $-1.81 | — | -7.2% |
| Free Cash Flow | $28M | — | $35M | — | -21.8% |
| Item | Amount |
|---|---|
| REVENUE | $337M |
| Cost of Revenue | $66M |
| GROSS PROFIT | $271M |
| R&D Expenses | $93M |
| Selling & Marketing | $175M |
| General & Administrative | $51M |
| SG&A Expenses | $226M |
| Other Expenses | $28M |
| Operating Expenses | $346M |
| Cost & Expenses | $412M |
| OPERATING INCOME | -$75M |
| Interest Income | $13M |
| Interest Expense | $9M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$71M |
| Income Tax Expense | $577.0K |
| Net Income from Continuing Ops | -$71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$71M |
| D&A | $10M |
| EBIT | -$62M |
| EBITDA | -$52M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$71M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $72M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $24M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $30M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$142M |
| Sales/Maturities of Investments | $131M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $87M |
| Short-Term Investments | $375M |
| Net Receivables | $19M |
| Inventory | $0 |
| Other Current Assets | $144M |
| TOTAL CURRENT ASSETS | $625M |
| PP&E (Net) | $15M |
| Goodwill | $77M |
| Intangible Assets | $15M |
| Long-Term Investments | $190M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $299M |
| TOTAL ASSETS | $924M |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $11M |
| Other Current Liabilities | $134M |
| TOTAL CURRENT LIABILITIES | $197M |
| Long-Term Debt | $453M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $474.0K |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $461M |
| TOTAL LIABILITIES | $658M |
| Common Stock | $0 |
| Additional Paid-In Capital | $566M |
| Retained Earnings | -$288M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $266M |
| Minority Interest | $0 |
| TOTAL EQUITY | $266M |
| TOTAL LIABILITIES & EQUITY | $924M |
| Total Debt | $462M |
| Net Debt | $375M |
