| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $654M | — | $459M | — | 42.5% |
| Op. Income | -$121M | — | -$40M | — | -204.7% |
| Gross Margin | 50.0% | — | 48.3% | — | 1.7pp |
| Net Margin | -17.4% | — | -8.5% | — | -9.0pp |
| EPS (Diluted) | $-0.68 | — | $-0.64 | — | -6.3% |
| Free Cash Flow | -$112M | — | -$23M | — | -390.0% |
| Item | Amount |
|---|---|
| REVENUE | $654M |
| Cost of Revenue | $327M |
| GROSS PROFIT | $327M |
| R&D Expenses | $139M |
| Selling & Marketing | $171M |
| General & Administrative | $131M |
| SG&A Expenses | $302M |
| Other Expenses | $7M |
| Operating Expenses | $448M |
| Cost & Expenses | $775M |
| OPERATING INCOME | -$121M |
| Interest Income | $4M |
| Interest Expense | $1M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | -$113M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$114M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$114M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$114M |
| D&A | $7M |
| EBIT | -$112M |
| EBITDA | -$105M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$114M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $95M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $51M |
| Change in Working Capital | -$147M |
| OPERATING CASH FLOW | -$109M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$248.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$384.0K |
| Common Stock Repurchased | -$99.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $15M |
| NET CASH FROM FINANCING | $15M |
| FREE CASH FLOW | -$112M |
| Net Change in Cash | -$103M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $301M |
| Short-Term Investments | $0 |
| Net Receivables | $191M |
| Inventory | $0 |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $669M |
| PP&E (Net) | $20M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $27M |
| TOTAL ASSETS | $696M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $143M |
| TOTAL CURRENT LIABILITIES | $209M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $216M |
| Common Stock | $17.0K |
| Additional Paid-In Capital | $854M |
| Retained Earnings | -$373M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$743.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $480M |
| Minority Interest | $0 |
| TOTAL EQUITY | $480M |
| TOTAL LIABILITIES & EQUITY | $696M |
| Total Debt | $9M |
| Net Debt | -$291M |
