| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $950M | — | $720M | — | 31.9% |
| Op. Income | -$216M | — | -$290M | — | 25.7% |
| Gross Margin | 81.6% | — | 79.4% | — | 2.2pp |
| Net Margin | -20.0% | — | -39.8% | — | 19.9pp |
| EPS (Diluted) | $-1.34 | — | $-2.10 | — | 36.2% |
| Free Cash Flow | $47M | — | -$37M | — | 227.7% |
| Item | Amount |
|---|---|
| REVENUE | $950M |
| Cost of Revenue | $174M |
| GROSS PROFIT | $776M |
| R&D Expenses | $301M |
| Selling & Marketing | $495M |
| General & Administrative | $196M |
| SG&A Expenses | $691M |
| Other Expenses | $0 |
| Operating Expenses | $991M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | -$216M |
| Interest Income | $20M |
| Interest Expense | $2M |
| Other Income/Expenses | $27M |
| INCOME BEFORE TAX | -$188M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$190M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$190M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$190M |
| D&A | $72M |
| EBIT | -$186M |
| EBITDA | -$115M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$190M |
| Depreciation & Amortization | $72M |
| Stock-Based Compensation | $175M |
| Deferred Income Tax | -$769.0K |
| Other Non-Cash Items | $13M |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | $92M |
| Capital Expenditure | -$45M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | -$403M |
| Sales/Maturities of Investments | $378M |
| Other Investing Activities | -$32M |
| NET CASH FROM INVESTING | -$76M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $41M |
| FREE CASH FLOW | $47M |
| Net Change in Cash | $58M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $358M |
| Short-Term Investments | $320M |
| Net Receivables | $237M |
| Inventory | $0 |
| Other Current Assets | $41M |
| TOTAL CURRENT ASSETS | $956M |
| PP&E (Net) | $115M |
| Goodwill | $539M |
| Intangible Assets | $221M |
| Long-Term Investments | $12M |
| Tax Assets | $0 |
| Other Non-Current Assets | $52M |
| TOTAL NON-CURRENT ASSETS | $938M |
| TOTAL ASSETS | $1.9B |
| Account Payables | $13M |
| Short-Term Debt | $12M |
| Deferred Revenue | $502M |
| Other Current Liabilities | $30M |
| TOTAL CURRENT LIABILITIES | $642M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $8M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $96M |
| TOTAL LIABILITIES | $738M |
| Common Stock | $15.0K |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $94M |
| Net Debt | -$264M |
