| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $205M | — | $93M | — | 120.1% |
| Op. Income | -$267M | — | -$116M | — | -131.3% |
| Gross Margin | 60.1% | — | 57.7% | — | 2.4pp |
| Net Margin | -132.4% | — | -126.3% | — | -6.0pp |
| EPS (Diluted) | $-1.56 | — | $-0.55 | — | -183.6% |
| Free Cash Flow | -$106M | — | -$73M | — | -45.4% |
| Item | Amount |
|---|---|
| REVENUE | $205M |
| Cost of Revenue | $82M |
| GROSS PROFIT | $123M |
| R&D Expenses | $136M |
| Selling & Marketing | $161M |
| General & Administrative | $94M |
| SG&A Expenses | $254M |
| Other Expenses | $0 |
| Operating Expenses | $390M |
| Cost & Expenses | $472M |
| OPERATING INCOME | -$267M |
| Interest Income | $202.0K |
| Interest Expense | $787.0K |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$270M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$271M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$271M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$271M |
| D&A | $11M |
| EBIT | -$269M |
| EBITDA | -$259M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$271M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $88M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $24M |
| Change in Working Capital | $56M |
| OPERATING CASH FLOW | -$96M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $19M |
| NET CASH FROM FINANCING | $1.4B |
| FREE CASH FLOW | -$106M |
| Net Change in Cash | $1.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $374.0K |
| Net Receivables | $101M |
| Inventory | $28M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $49M |
| Goodwill | $108M |
| Intangible Assets | $16M |
| Long-Term Investments | $6M |
| Tax Assets | -$6M |
| Other Non-Current Assets | $52M |
| TOTAL NON-CURRENT ASSETS | $225M |
| TOTAL ASSETS | $2.0B |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $183M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $281M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $79M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $110M |
| TOTAL LIABILITIES | $391M |
| Common Stock | $27.0K |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | -$622M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $454.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $29M |
| Net Debt | -$1.6B |
