| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $820M | — | $845M | — | -3.0% |
| Op. Income | -$48M | — | -$118M | — | 59.0% |
| Gross Margin | 48.9% | — | 52.6% | — | -3.7pp |
| Net Margin | -12.0% | — | -21.0% | — | 9.0pp |
| EPS (Diluted) | $-0.63 | — | $-1.20 | — | 47.5% |
| Free Cash Flow | -$40M | — | $2M | — | -2047.2% |
| Item | Amount |
|---|---|
| REVENUE | $820M |
| Cost of Revenue | $419M |
| GROSS PROFIT | $401M |
| R&D Expenses | $204M |
| Selling & Marketing | $148M |
| General & Administrative | $51M |
| SG&A Expenses | $199M |
| Other Expenses | $47M |
| Operating Expenses | $449M |
| Cost & Expenses | $868M |
| OPERATING INCOME | -$48M |
| Interest Income | $232.0K |
| Interest Expense | $17M |
| Other Income/Expenses | -$64M |
| INCOME BEFORE TAX | -$113M |
| Income Tax Expense | -$15M |
| Net Income from Continuing Ops | -$98M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$98M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$98M |
| D&A | $76M |
| EBIT | -$93M |
| EBITDA | -$16M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$98M |
| Depreciation & Amortization | $76M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$18M |
| Other Non-Cash Items | $45M |
| Change in Working Capital | -$50M |
| OPERATING CASH FLOW | -$26M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$46M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $47M |
| NET CASH FROM FINANCING | $931.0K |
| FREE CASH FLOW | -$40M |
| Net Change in Cash | -$39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $67M |
| Short-Term Investments | $0 |
| Net Receivables | $267M |
| Inventory | $75M |
| Other Current Assets | $68M |
| TOTAL CURRENT ASSETS | $478M |
| PP&E (Net) | $90M |
| Goodwill | $301M |
| Intangible Assets | $295M |
| Long-Term Investments | $12M |
| Tax Assets | $54M |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $778M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $96M |
| Short-Term Debt | $20M |
| Deferred Revenue | $114M |
| Other Current Liabilities | $59M |
| TOTAL CURRENT LIABILITIES | $330M |
| Long-Term Debt | $306M |
| Deferred Revenue NC | $19M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $31M |
| TOTAL NON-CURRENT LIABILITIES | $407M |
| TOTAL LIABILITIES | $737M |
| Common Stock | $17.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | -$1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $31M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $518M |
| Minority Interest | $0 |
| TOTAL EQUITY | $518M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $388M |
| Net Debt | $321M |
