| Metric | FY 2021 | Prior Q | FY 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | — | $610M | — | 120.2% |
| Op. Income | -$961M | — | -$440M | — | -118.1% |
| Gross Margin | 0.8% | — | 9.3% | — | -8.4pp |
| Net Margin | -75.0% | — | -79.5% | — | 4.5pp |
| EPS (Diluted) | $-13.80 | — | $-8.70 | — | -58.6% |
| Free Cash Flow | -$442M | — | -$301M | — | -46.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $11M |
| R&D Expenses | $234M |
| Selling & Marketing | -$28M |
| General & Administrative | $715M |
| SG&A Expenses | $687M |
| Other Expenses | $51M |
| Operating Expenses | $972M |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | -$961M |
| Interest Income | $1M |
| Interest Expense | $45M |
| Other Income/Expenses | -$50M |
| INCOME BEFORE TAX | -$1.0B |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$1.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$970M |
| D&A | $212M |
| EBIT | -$928M |
| EBITDA | -$716M |
| EPS | -$14 |
| EPS Diluted | -$14 |
| Item | Amount |
|---|---|
| Net Income | -$1.0B |
| Depreciation & Amortization | $239M |
| Stock-Based Compensation | $52M |
| Deferred Income Tax | $336.0K |
| Other Non-Cash Items | $55M |
| Change in Working Capital | $348M |
| OPERATING CASH FLOW | -$312M |
| Capital Expenditure | -$130M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$130M |
| Net Debt Issuance | $278M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $49M |
| NET CASH FROM FINANCING | $910M |
| FREE CASH FLOW | -$442M |
| Net Change in Cash | $440M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $757M |
| Short-Term Investments | $1M |
| Net Receivables | $247M |
| Inventory | $546M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $329M |
| Goodwill | $53M |
| Intangible Assets | $1.3B |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $1.5B |
| Short-Term Debt | $734M |
| Deferred Revenue | $95M |
| Other Current Liabilities | $606M |
| TOTAL CURRENT LIABILITIES | $3.0B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $29M |
| Deferred Tax Liabilities | $509.0K |
| Other Non-Current Liabilities | $50M |
| TOTAL NON-CURRENT LIABILITIES | $146M |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $1.9B |
| Additional Paid-In Capital | $35M |
| Retained Earnings | -$1.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $122M |
| Minority Interest | $0 |
| TOTAL EQUITY | $122M |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $825M |
| Net Debt | $69M |
