| Metric | FY 2021 | Prior Q | FY 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | — | $1.1B | — | 41.1% |
| Op. Income | -$411M | — | -$1.2B | — | 65.0% |
| Gross Margin | 78.0% | — | 67.7% | — | 10.3pp |
| Net Margin | -33.7% | — | -106.7% | — | 73.0pp |
| EPS (Diluted) | $-0.27 | — | $-1.20 | — | 77.5% |
| Free Cash Flow | $321M | — | -$309M | — | 204.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $339M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $387M |
| Selling & Marketing | $615M |
| General & Administrative | $612M |
| SG&A Expenses | $1.2B |
| Other Expenses | $0 |
| Operating Expenses | $1.6B |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | -$411M |
| Interest Income | $2M |
| Interest Expense | $4M |
| Other Income/Expenses | -$77M |
| INCOME BEFORE TAX | -$488M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | -$520M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$520M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$520M |
| D&A | $15M |
| EBIT | -$485M |
| EBITDA | -$470M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$520M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $778M |
| Deferred Income Tax | $43M |
| Other Non-Cash Items | $110M |
| Change in Working Capital | -$92M |
| OPERATING CASH FLOW | $334M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$382M |
| Sales/Maturities of Investments | $851.0K |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$398M |
| Net Debt Issuance | -$200M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$708.0K |
| NET CASH FROM FINANCING | $307M |
| FREE CASH FLOW | $321M |
| Net Change in Cash | $239M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.3B |
| Short-Term Investments | $234M |
| Net Receivables | $191M |
| Inventory | $0 |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $248M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $136M |
| TOTAL NON-CURRENT ASSETS | $384M |
| TOTAL ASSETS | $3.2B |
| Account Payables | $75M |
| Short-Term Debt | $0 |
| Deferred Revenue | $389M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $660M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $74M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $296M |
| TOTAL LIABILITIES | $956M |
| Common Stock | $2M |
| Additional Paid-In Capital | $7.8B |
| Retained Earnings | -$5.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $260M |
| Net Debt | -$2.0B |
