| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $257M | — | $128M | — | 99.9% |
| Op. Income | -$295M | — | -$234M | — | -26.2% |
| Gross Margin | 11.1% | — | 17.8% | — | -6.8pp |
| Net Margin | -116.0% | — | -187.9% | — | 71.9pp |
| EPS (Diluted) | $-4.59 | — | $-3.94 | — | -16.5% |
| Free Cash Flow | -$173M | — | -$154M | — | -12.4% |
| Item | Amount |
|---|---|
| REVENUE | $257M |
| Cost of Revenue | $228M |
| GROSS PROFIT | $28M |
| R&D Expenses | $0 |
| Selling & Marketing | $138M |
| General & Administrative | $122M |
| SG&A Expenses | $261M |
| Other Expenses | $63M |
| Operating Expenses | $323M |
| Cost & Expenses | $552M |
| OPERATING INCOME | -$295M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$295M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$298M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$298M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$298M |
| D&A | $12M |
| EBIT | -$295M |
| EBITDA | -$283M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$298M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $59M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $15M |
| Change in Working Capital | $48M |
| OPERATING CASH FLOW | -$163M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $99M |
| Purchases of Investments | -$270M |
| Sales/Maturities of Investments | $363M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $181M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$173M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $283M |
| Short-Term Investments | $750M |
| Net Receivables | $362M |
| Inventory | $0 |
| Other Current Assets | -$1.6B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $46M |
| Goodwill | $19M |
| Intangible Assets | $33M |
| Long-Term Investments | $750M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$848M |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $1.7B |
| Account Payables | $20M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$54M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $40M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$75M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $824M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | -$860M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$28M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $867M |
| Minority Interest | $0 |
| TOTAL EQUITY | $867M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $35M |
| Net Debt | -$247M |
