| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $430M | — | $276M | — | 55.9% |
| Op. Income | -$190M | — | -$177M | — | -7.5% |
| Gross Margin | 48.8% | — | 61.0% | — | -12.2pp |
| Net Margin | -31.1% | — | -56.7% | — | 25.6pp |
| EPS (Diluted) | $-1.39 | — | $-1.61 | — | 13.7% |
| Free Cash Flow | $24M | — | -$28M | — | 184.6% |
| Item | Amount |
|---|---|
| REVENUE | $430M |
| Cost of Revenue | $220M |
| GROSS PROFIT | $210M |
| R&D Expenses | $59M |
| Selling & Marketing | $144M |
| General & Administrative | $103M |
| SG&A Expenses | $247M |
| Other Expenses | $94M |
| Operating Expenses | $400M |
| Cost & Expenses | $621M |
| OPERATING INCOME | -$190M |
| Interest Income | $4M |
| Interest Expense | $32M |
| Other Income/Expenses | $57M |
| INCOME BEFORE TAX | -$133M |
| Income Tax Expense | $622.0K |
| Net Income from Continuing Ops | -$134M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$134M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$134M |
| D&A | $24M |
| EBIT | -$101M |
| EBITDA | -$77M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$134M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $34M |
| Change in Working Capital | $89M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$91M |
| Sales/Maturities of Investments | $47M |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$56M |
| Net Debt Issuance | $107M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | $91M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | $69M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $258M |
| Short-Term Investments | $36M |
| Net Receivables | $108M |
| Inventory | $0 |
| Other Current Assets | $79M |
| TOTAL CURRENT ASSETS | $481M |
| PP&E (Net) | $20M |
| Goodwill | $192M |
| Intangible Assets | $87M |
| Long-Term Investments | $104M |
| Tax Assets | $0 |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $418M |
| TOTAL ASSETS | $899M |
| Account Payables | $9M |
| Short-Term Debt | $244.0K |
| Deferred Revenue | $249M |
| Other Current Liabilities | $129M |
| TOTAL CURRENT LIABILITIES | $462M |
| Long-Term Debt | $435M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $37M |
| TOTAL NON-CURRENT LIABILITIES | $473M |
| TOTAL LIABILITIES | $935M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $690M |
| Retained Earnings | -$722M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$36M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$36M |
| TOTAL LIABILITIES & EQUITY | $899M |
| Total Debt | $436M |
| Net Debt | $177M |
