| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | — | $892M | — | 18.6% |
| Op. Income | -$348M | — | -$501M | — | 30.5% |
| Gross Margin | 83.0% | — | 81.1% | — | 1.9pp |
| Net Margin | -31.0% | — | -58.9% | — | 27.9pp |
| EPS (Diluted) | $-0.60 | — | $-0.97 | — | 38.1% |
| Free Cash Flow | -$34M | — | -$68M | — | 50.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $180M |
| GROSS PROFIT | $879M |
| R&D Expenses | $286M |
| Selling & Marketing | $702M |
| General & Administrative | $240M |
| SG&A Expenses | $941M |
| Other Expenses | $3M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | -$348M |
| Interest Income | $28M |
| Interest Expense | $0 |
| Other Income/Expenses | $31M |
| INCOME BEFORE TAX | -$318M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | -$328M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$328M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$328M |
| D&A | $0 |
| EBIT | -$348M |
| EBITDA | -$348M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$328M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $370M |
| Deferred Income Tax | $861.0K |
| Other Non-Cash Items | $76M |
| Change in Working Capital | -$147M |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | -$30M |
| Purchases of Investments | -$388M |
| Sales/Maturities of Investments | $151M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$289M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$83M |
| NET CASH FROM FINANCING | -$61M |
| FREE CASH FLOW | -$34M |
| Net Change in Cash | -$367M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $355M |
| Net Receivables | $447M |
| Inventory | $0 |
| Other Current Assets | $73M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $81M |
| Goodwill | $88M |
| Intangible Assets | $23M |
| Long-Term Investments | $3M |
| Tax Assets | $6M |
| Other Non-Current Assets | $190M |
| TOTAL NON-CURRENT ASSETS | $391M |
| TOTAL ASSETS | $2.7B |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $435M |
| TOTAL CURRENT LIABILITIES | $626M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $122M |
| Deferred Tax Liabilities | $338.0K |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $189M |
| TOTAL LIABILITIES | $815M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $3.7B |
| Retained Earnings | -$1.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $63M |
| Net Debt | -$1.3B |
