| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.6B | — | $4.0B | — | -10.9% |
| Op. Income | -$2.7B | — | -$188M | — | -1355.8% |
| Gross Margin | 19.5% | — | 36.2% | — | -16.7pp |
| Net Margin | -78.9% | — | -4.7% | — | -74.2pp |
| EPS (Diluted) | $-8.74 | — | $-0.64 | — | -1265.6% |
| Free Cash Flow | -$2.4B | — | -$492M | — | -379.2% |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $2.9B |
| GROSS PROFIT | $698M |
| R&D Expenses | $360M |
| Selling & Marketing | $989M |
| General & Administrative | $918M |
| SG&A Expenses | $1.9B |
| Other Expenses | $1.2B |
| Operating Expenses | $3.4B |
| Cost & Expenses | $6.3B |
| OPERATING INCOME | -$2.7B |
| Interest Income | $2M |
| Interest Expense | $43M |
| Other Income/Expenses | -$74M |
| INCOME BEFORE TAX | -$2.8B |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | -$2.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2.8B |
| D&A | $143M |
| EBIT | -$2.8B |
| EBITDA | -$2.6B |
| EPS | -$9 |
| EPS Diluted | -$9 |
| Item | Amount |
|---|---|
| Net Income | -$2.8B |
| Depreciation & Amortization | $143M |
| Stock-Based Compensation | $328M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $735M |
| Change in Working Capital | -$399M |
| OPERATING CASH FLOW | -$2.0B |
| Capital Expenditure | -$337M |
| Acquisitions (Net) | -$11M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $518M |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | $153M |
| Net Debt Issuance | $695M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $102M |
| NET CASH FROM FINANCING | $2.0B |
| FREE CASH FLOW | -$2.4B |
| Net Change in Cash | $122M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $0 |
| Net Receivables | $84M |
| Inventory | $1.1B |
| Other Current Assets | $100.0K |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $1.3B |
| Goodwill | $41M |
| Intangible Assets | $41M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $38M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $93M |
| Short-Term Debt | $8M |
| Deferred Revenue | $201M |
| Other Current Liabilities | $141M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $51M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $0 |
| Additional Paid-In Capital | $4.3B |
| Retained Earnings | -$3.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $593M |
| Minority Interest | $0 |
| TOTAL EQUITY | $593M |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $2.4B |
| Net Debt | $1.1B |
