| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $363M | — | $351M | — | 3.4% |
| Op. Income | -$649M | — | -$382M | — | -70.0% |
| Gross Margin | 92.2% | — | 95.4% | — | -3.2pp |
| Net Margin | -194.7% | — | -129.2% | — | -65.5pp |
| EPS (Diluted) | $-10.12 | — | $-6.70 | — | -51.0% |
| Free Cash Flow | -$527M | — | -$412M | — | -27.9% |
| Item | Amount |
|---|---|
| REVENUE | $363M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $335M |
| R&D Expenses | $706M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $278M |
| Other Expenses | $0 |
| Operating Expenses | $984M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | -$649M |
| Interest Income | $11M |
| Interest Expense | $43M |
| Other Income/Expenses | -$53M |
| INCOME BEFORE TAX | -$702M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | -$707M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$707M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$707M |
| D&A | $18M |
| EBIT | -$659M |
| EBITDA | -$640M |
| EPS | -$10 |
| EPS Diluted | -$10 |
| Item | Amount |
|---|---|
| Net Income | -$707M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $130M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $118M |
| Change in Working Capital | $60M |
| OPERATING CASH FLOW | -$380M |
| Capital Expenditure | -$146M |
| Acquisitions (Net) | -$75M |
| Purchases of Investments | -$615M |
| Sales/Maturities of Investments | $545M |
| Other Investing Activities | -$31M |
| NET CASH FROM INVESTING | -$292M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $501M |
| NET CASH FROM FINANCING | $501M |
| FREE CASH FLOW | -$527M |
| Net Change in Cash | -$172M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $133M |
| Short-Term Investments | $615M |
| Net Receivables | $40M |
| Inventory | $27M |
| Other Current Assets | $69M |
| TOTAL CURRENT ASSETS | $884M |
| PP&E (Net) | $260M |
| Goodwill | $44M |
| Intangible Assets | $160M |
| Long-Term Investments | $149M |
| Tax Assets | $0 |
| Other Non-Current Assets | $48M |
| TOTAL NON-CURRENT ASSETS | $662M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $43M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $261M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $32M |
| Other Non-Current Liabilities | $880M |
| TOTAL NON-CURRENT LIABILITIES | $932M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $70.0K |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | -$2.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $352M |
| Minority Interest | $0 |
| TOTAL EQUITY | $352M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $32M |
| Net Debt | -$101M |
