| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.1B | — | $2.8B | — | 9.0% |
| Op. Income | -$126M | — | -$102M | — | -23.6% |
| Gross Margin | 77.5% | — | 75.8% | — | 1.7pp |
| Net Margin | -1.2% | — | -3.4% | — | 2.3pp |
| EPS (Diluted) | $-0.05 | — | $-0.14 | — | 62.3% |
| Free Cash Flow | $605M | — | $440M | — | 37.4% |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $689M |
| GROSS PROFIT | $2.4B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $908M |
| General & Administrative | $512M |
| SG&A Expenses | $1.4B |
| Other Expenses | $0 |
| Operating Expenses | $2.5B |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | -$126M |
| Interest Income | $105M |
| Interest Expense | $0 |
| Other Income/Expenses | $109M |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | -$36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$36M |
| D&A | $22M |
| EBIT | -$126M |
| EBITDA | -$104M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$36M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $648M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $106M |
| Change in Working Capital | -$127M |
| OPERATING CASH FLOW | $613M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.3B |
| Sales/Maturities of Investments | $1.3B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$835M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | -$827M |
| FREE CASH FLOW | $605M |
| Net Change in Cash | -$249M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $1.1B |
| Net Receivables | $763M |
| Inventory | $0 |
| Other Current Assets | $62M |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $124M |
| Goodwill | $0 |
| Intangible Assets | $117M |
| Long-Term Investments | $4M |
| Tax Assets | $0 |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $256M |
| TOTAL ASSETS | $3.6B |
| Account Payables | $79M |
| Short-Term Debt | $36M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $153M |
| TOTAL CURRENT LIABILITIES | $317M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $187M |
| TOTAL LIABILITIES | $504M |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $5.2B |
| Retained Earnings | -$2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $196M |
| Net Debt | -$1.2B |
