| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $892M | — | $608M | — | 46.8% |
| Op. Income | -$501M | — | -$110M | — | -354.1% |
| Gross Margin | 81.1% | — | 89.2% | — | -8.1pp |
| Net Margin | -58.9% | — | -15.2% | — | -43.7pp |
| EPS (Diluted) | $-0.97 | — | $-0.18 | — | -438.9% |
| Free Cash Flow | -$68M | — | $26M | — | -361.8% |
| Item | Amount |
|---|---|
| REVENUE | $892M |
| Cost of Revenue | $169M |
| GROSS PROFIT | $723M |
| R&D Expenses | $277M |
| Selling & Marketing | $698M |
| General & Administrative | $250M |
| SG&A Expenses | $948M |
| Other Expenses | $0 |
| Operating Expenses | $1.2B |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | -$501M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$511M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | -$526M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$526M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$526M |
| D&A | $15M |
| EBIT | -$501M |
| EBITDA | -$486M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$526M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $516M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $52M |
| Change in Working Capital | -$106M |
| OPERATING CASH FLOW | -$55M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | -$214M |
| Sales/Maturities of Investments | $197M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $27M |
| NET CASH FROM FINANCING | $1.5B |
| FREE CASH FLOW | -$68M |
| Net Change in Cash | $1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $96M |
| Net Receivables | $337M |
| Inventory | $0 |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $66M |
| Goodwill | $54M |
| Intangible Assets | $17M |
| Long-Term Investments | $20M |
| Tax Assets | $11M |
| Other Non-Current Assets | $128M |
| TOTAL NON-CURRENT ASSETS | $295M |
| TOTAL ASSETS | $2.6B |
| Account Payables | $12M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $346M |
| TOTAL CURRENT LIABILITIES | $528M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $69M |
| Deferred Tax Liabilities | $34.0K |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $123M |
| TOTAL LIABILITIES | $651M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | -$1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $51M |
| Net Debt | -$1.7B |
