| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | — | $1.3B | — | 42.9% |
| Op. Income | -$812M | — | -$768M | — | -5.7% |
| Gross Margin | 70.6% | — | 69.5% | — | 1.1pp |
| Net Margin | -43.9% | — | -65.2% | — | 21.4pp |
| EPS (Diluted) | $-5.16 | — | $-5.73 | — | 9.9% |
| Free Cash Flow | $63M | — | $87M | — | -27.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $546M |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $620M |
| Selling & Marketing | $1.1B |
| General & Administrative | $409M |
| SG&A Expenses | $1.5B |
| Other Expenses | $29M |
| Operating Expenses | $2.1B |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | -$812M |
| Interest Income | $22M |
| Interest Expense | $11M |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | -$801M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | -$815M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$815M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$815M |
| D&A | $114M |
| EBIT | -$790M |
| EBITDA | -$676M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$815M |
| Depreciation & Amortization | $114M |
| Stock-Based Compensation | $677M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $110M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $86M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | -$1.4B |
| Sales/Maturities of Investments | $1.3B |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$130M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $48M |
| NET CASH FROM FINANCING | $48M |
| FREE CASH FLOW | $63M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $264M |
| Short-Term Investments | $2.3B |
| Net Receivables | $481M |
| Inventory | $0 |
| Other Current Assets | $168M |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $181M |
| Goodwill | $5.4B |
| Intangible Assets | $241M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $256M |
| TOTAL NON-CURRENT ASSETS | $6.1B |
| TOTAL ASSETS | $9.3B |
| Account Payables | $12M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.2B |
| Other Current Liabilities | $107M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $18M |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $3.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $8.0B |
| Retained Earnings | -$2.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$33M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.5B |
| TOTAL LIABILITIES & EQUITY | $9.3B |
| Total Debt | $2.4B |
| Net Debt | $2.1B |
