| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $455M | — | $328M | — | 38.5% |
| Op. Income | $80M | — | $30M | — | 167.3% |
| Gross Margin | 69.0% | — | 70.0% | — | -1.0pp |
| Net Margin | -3.1% | — | 5.6% | — | -8.7pp |
| EPS (Diluted) | $-0.13 | — | $0.16 | — | -181.3% |
| Free Cash Flow | $210M | — | $195M | — | 7.4% |
| Item | Amount |
|---|---|
| REVENUE | $455M |
| Cost of Revenue | $141M |
| GROSS PROFIT | $314M |
| R&D Expenses | $159M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $75M |
| Other Expenses | $0 |
| Operating Expenses | $234M |
| Cost & Expenses | $375M |
| OPERATING INCOME | $80M |
| Interest Income | $8M |
| Interest Expense | $2M |
| Other Income/Expenses | -$88M |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $47M |
| EBIT | -$6M |
| EBITDA | $41M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $47M |
| Stock-Based Compensation | $36M |
| Deferred Income Tax | $689.0K |
| Other Non-Cash Items | $96M |
| Change in Working Capital | $65M |
| OPERATING CASH FLOW | $230M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | -$16M |
| Purchases of Investments | -$151M |
| Sales/Maturities of Investments | $339M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $152M |
| Net Debt Issuance | -$166M |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$102M |
| NET CASH FROM FINANCING | -$363M |
| FREE CASH FLOW | $210M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $125M |
| Short-Term Investments | $188M |
| Net Receivables | $181M |
| Inventory | $21M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $527M |
| PP&E (Net) | $110M |
| Goodwill | $292M |
| Intangible Assets | $51M |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $29M |
| TOTAL NON-CURRENT ASSETS | $485M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $25M |
| Short-Term Debt | $10M |
| Deferred Revenue | $24M |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $127M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $25M |
| Other Non-Current Liabilities | $53M |
| TOTAL NON-CURRENT LIABILITIES | $107M |
| TOTAL LIABILITIES | $233M |
| Common Stock | $108.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$513M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $779M |
| Minority Interest | $0 |
| TOTAL EQUITY | $779M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $44M |
| Net Debt | -$81M |
