| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $731M | — | $548M | — | 33.2% |
| Op. Income | -$1.1B | — | -$318M | — | -245.2% |
| Gross Margin | 45.4% | — | 49.5% | — | -4.0pp |
| Net Margin | -146.5% | — | -52.6% | — | -93.9pp |
| EPS (Diluted) | $-7.11 | — | $-2.04 | — | -248.5% |
| Free Cash Flow | -$138M | — | -$98M | — | -41.4% |
| Item | Amount |
|---|---|
| REVENUE | $731M |
| Cost of Revenue | $399M |
| GROSS PROFIT | $332M |
| R&D Expenses | $140M |
| Selling & Marketing | $250M |
| General & Administrative | $106M |
| SG&A Expenses | $356M |
| Other Expenses | $934M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | -$1.1B |
| Interest Income | $27M |
| Interest Expense | $2M |
| Other Income/Expenses | $25M |
| INCOME BEFORE TAX | -$1.1B |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.1B |
| D&A | $115M |
| EBIT | -$1.1B |
| EBITDA | -$957M |
| EPS | -$7 |
| EPS Diluted | -$7 |
| Item | Amount |
|---|---|
| Net Income | -$1.1B |
| Depreciation & Amortization | $115M |
| Stock-Based Compensation | $169M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $724M |
| Change in Working Capital | -$57M |
| OPERATING CASH FLOW | -$125M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $20M |
| NET CASH FROM INVESTING | $9M |
| Net Debt Issuance | -$39M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$35M |
| FREE CASH FLOW | -$138M |
| Net Change in Cash | -$154M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $800M |
| Short-Term Investments | $0 |
| Net Receivables | $64M |
| Inventory | $13M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $934M |
| PP&E (Net) | $40M |
| Goodwill | $1.4B |
| Intangible Assets | $311M |
| Long-Term Investments | $2M |
| Tax Assets | $301.0K |
| Other Non-Current Assets | $30M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $37M |
| Short-Term Debt | $0 |
| Deferred Revenue | $68M |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $150M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $21M |
| TOTAL LIABILITIES | $171M |
| Common Stock | $4.3B |
| Additional Paid-In Capital | $198M |
| Retained Earnings | -$2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $25M |
| Net Debt | -$775M |
