| Metric | FY 2020 | Prior Q | FY 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | — | $1.2B | — | 5.8% |
| Op. Income | -$829M | — | -$598M | — | -38.6% |
| Gross Margin | 78.1% | — | 75.4% | — | 2.7pp |
| Net Margin | -66.8% | — | -50.3% | — | -16.5pp |
| EPS (Diluted) | $-4.48 | — | $-3.43 | — | -30.6% |
| Free Cash Flow | -$249M | — | -$76M | — | -226.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $287M |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $554M |
| Selling & Marketing | $1.2B |
| General & Administrative | $136M |
| SG&A Expenses | $1.3B |
| Other Expenses | $0 |
| Operating Expenses | $1.8B |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | -$829M |
| Interest Income | $13M |
| Interest Expense | $31M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | -$855M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | -$873M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$873M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$873M |
| D&A | $94M |
| EBIT | -$824M |
| EBITDA | -$730M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$873M |
| Depreciation & Amortization | $94M |
| Stock-Based Compensation | $352M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $62M |
| Change in Working Capital | $202M |
| OPERATING CASH FLOW | -$160M |
| Capital Expenditure | -$89M |
| Acquisitions (Net) | -$114M |
| Purchases of Investments | -$607M |
| Sales/Maturities of Investments | $721M |
| Other Investing Activities | $114M |
| NET CASH FROM INVESTING | $25M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $58M |
| FREE CASH FLOW | -$249M |
| Net Change in Cash | -$81M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $319M |
| Short-Term Investments | $401M |
| Net Receivables | $259M |
| Inventory | $0 |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $270M |
| Goodwill | $185M |
| Intangible Assets | $49M |
| Long-Term Investments | $3M |
| Tax Assets | $0 |
| Other Non-Current Assets | $235M |
| TOTAL NON-CURRENT ASSETS | $743M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $54M |
| Short-Term Debt | $37M |
| Deferred Revenue | $535M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $760M |
| Long-Term Debt | $490M |
| Deferred Revenue NC | $649M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | -$2.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$275M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$275M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $644M |
| Net Debt | $325M |
