| Metric | FY 2021 | Prior Q | FY 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $443M | — | $381M | — | 16.4% |
| Op. Income | -$121M | — | -$181M | — | 33.4% |
| Gross Margin | 67.5% | — | 59.9% | — | 7.6pp |
| Net Margin | -20.4% | — | -32.7% | — | 12.3pp |
| EPS (Diluted) | $-1.36 | — | $-1.85 | — | 26.5% |
| Free Cash Flow | -$23M | — | -$40M | — | 43.8% |
| Item | Amount |
|---|---|
| REVENUE | $443M |
| Cost of Revenue | $144M |
| GROSS PROFIT | $299M |
| R&D Expenses | $135M |
| Selling & Marketing | $178M |
| General & Administrative | $104M |
| SG&A Expenses | $282M |
| Other Expenses | $3M |
| Operating Expenses | $420M |
| Cost & Expenses | $564M |
| OPERATING INCOME | -$121M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$252.0K |
| INCOME BEFORE TAX | -$121M |
| Income Tax Expense | -$31M |
| Net Income from Continuing Ops | -$90M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$90M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$90M |
| D&A | $28M |
| EBIT | -$118M |
| EBITDA | -$90M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$90M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $112M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$72M |
| OPERATING CASH FLOW | -$21M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$76M |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$88M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$42M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$43M |
| FREE CASH FLOW | -$23M |
| Net Change in Cash | -$151M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $573M |
| Short-Term Investments | $8M |
| Net Receivables | $189M |
| Inventory | $0 |
| Other Current Assets | $25M |
| TOTAL CURRENT ASSETS | $826M |
| PP&E (Net) | $24M |
| Goodwill | $357M |
| Intangible Assets | $40M |
| Long-Term Investments | $6M |
| Tax Assets | $663.0K |
| Other Non-Current Assets | $35M |
| TOTAL NON-CURRENT ASSETS | $463M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $40M |
| Short-Term Debt | $0 |
| Deferred Revenue | $12M |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $165M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $42M |
| TOTAL LIABILITIES | $208M |
| Common Stock | $15M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $1.5B |
| Treasury Stock | -$2.0B |
| Accum. Other Comp. Income | $8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $14M |
| Net Debt | -$559M |
