| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $872M | — | $527M | — | 65.5% |
| Op. Income | -$29M | — | -$69M | — | 57.1% |
| Gross Margin | 82.0% | — | 77.6% | — | 4.4pp |
| Net Margin | -2.7% | — | -12.5% | — | 9.8pp |
| EPS (Diluted) | $-0.11 | — | $-0.32 | — | 65.6% |
| Free Cash Flow | $47M | — | -$34M | — | 239.1% |
| Item | Amount |
|---|---|
| REVENUE | $872M |
| Cost of Revenue | $157M |
| GROSS PROFIT | $715M |
| R&D Expenses | $48M |
| Selling & Marketing | $446M |
| General & Administrative | $130M |
| SG&A Expenses | $576M |
| Other Expenses | $120M |
| Operating Expenses | $744M |
| Cost & Expenses | $901M |
| OPERATING INCOME | -$29M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | -$22M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$24M |
| D&A | $10M |
| EBIT | -$29M |
| EBITDA | -$20M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$24M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $66M |
| Deferred Income Tax | -$13.0K |
| Other Non-Cash Items | $626.0K |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $73M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$157M |
| Sales/Maturities of Investments | $172M |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $47M |
| Net Change in Cash | $50M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $97M |
| Short-Term Investments | $124M |
| Net Receivables | $7M |
| Inventory | $22M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $265M |
| PP&E (Net) | $46M |
| Goodwill | $111M |
| Intangible Assets | $19M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $947.0K |
| TOTAL NON-CURRENT ASSETS | $176M |
| TOTAL ASSETS | $441M |
| Account Payables | $43M |
| Short-Term Debt | $0 |
| Deferred Revenue | $8M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $88M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $22.0K |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $97M |
| Common Stock | $21.0K |
| Additional Paid-In Capital | $712M |
| Retained Earnings | -$368M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$124.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $344M |
| Minority Interest | $0 |
| TOTAL EQUITY | $344M |
| TOTAL LIABILITIES & EQUITY | $441M |
| Total Debt | $10M |
| Net Debt | -$87M |
