| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | — | $1.4B | — | 13.4% |
| Op. Income | -$459M | — | -$662M | — | 30.7% |
| Gross Margin | 79.7% | — | 79.1% | — | 0.6pp |
| Net Margin | -50.5% | — | -74.2% | — | 23.7pp |
| EPS (Diluted) | $-3.62 | — | $-5.01 | — | 27.7% |
| Free Cash Flow | $18M | — | -$158M | — | 111.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $321M |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $572M |
| Selling & Marketing | $979M |
| General & Administrative | $166M |
| SG&A Expenses | $1.1B |
| Other Expenses | $0 |
| Operating Expenses | $1.7B |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | -$459M |
| Interest Income | $5M |
| Interest Expense | $61M |
| Other Income/Expenses | -$321M |
| INCOME BEFORE TAX | -$780M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | -$799M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$798M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$799M |
| D&A | $88M |
| EBIT | -$719M |
| EBITDA | -$631M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$798M |
| Depreciation & Amortization | $88M |
| Stock-Based Compensation | $343M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $369M |
| Change in Working Capital | $65M |
| OPERATING CASH FLOW | $68M |
| Capital Expenditure | -$49M |
| Acquisitions (Net) | $5M |
| Purchases of Investments | -$1.1B |
| Sales/Maturities of Investments | $1.1B |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$54M |
| Net Debt Issuance | $88M |
| Common Stock Repurchased | -$59M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $75M |
| NET CASH FROM FINANCING | $104M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | $114M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $403M |
| Short-Term Investments | $921M |
| Net Receivables | $132M |
| Inventory | $0 |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $232M |
| Goodwill | $185M |
| Intangible Assets | $16M |
| Long-Term Investments | $3M |
| Tax Assets | $0 |
| Other Non-Current Assets | $387M |
| TOTAL NON-CURRENT ASSETS | $823M |
| TOTAL ASSETS | $2.4B |
| Account Payables | $45M |
| Short-Term Debt | $188M |
| Deferred Revenue | $721M |
| Other Current Liabilities | $76M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $725M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $3.6B |
| Retained Earnings | -$4.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$801M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$801M |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $1.4B |
| Net Debt | $1.0B |
