| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $529M | — | $443M | — | 19.3% |
| Op. Income | -$66M | — | -$121M | — | 45.6% |
| Gross Margin | 72.1% | — | 67.5% | — | 4.6pp |
| Net Margin | -6.4% | — | -20.4% | — | 14.0pp |
| EPS (Diluted) | $-0.50 | — | $-1.36 | — | 63.2% |
| Free Cash Flow | $74M | — | -$23M | — | 423.5% |
| Item | Amount |
|---|---|
| REVENUE | $529M |
| Cost of Revenue | $147M |
| GROSS PROFIT | $381M |
| R&D Expenses | $158M |
| Selling & Marketing | $183M |
| General & Administrative | $105M |
| SG&A Expenses | $287M |
| Other Expenses | $1M |
| Operating Expenses | $447M |
| Cost & Expenses | $594M |
| OPERATING INCOME | -$66M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $30M |
| INCOME BEFORE TAX | -$35M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$34M |
| D&A | $24M |
| EBIT | -$64M |
| EBITDA | -$40M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$34M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $87M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$26M |
| Change in Working Capital | $28M |
| OPERATING CASH FLOW | $78M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$19M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $31M |
| NET CASH FROM INVESTING | $8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$59M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$67M |
| FREE CASH FLOW | $74M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $600M |
| Short-Term Investments | $8M |
| Net Receivables | $179M |
| Inventory | $0 |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $816M |
| PP&E (Net) | $71M |
| Goodwill | $364M |
| Intangible Assets | $27M |
| Long-Term Investments | $6M |
| Tax Assets | $1M |
| Other Non-Current Assets | $49M |
| TOTAL NON-CURRENT ASSETS | $518M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $83M |
| Short-Term Debt | $0 |
| Deferred Revenue | $16M |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $185M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $86M |
| TOTAL LIABILITIES | $271M |
| Common Stock | $15M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $1.4B |
| Treasury Stock | -$2.1B |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $61M |
| Net Debt | -$539M |
