| Metric | FY 2021 | Prior Q | FY 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | — | $751M | — | 44.8% |
| Op. Income | -$481M | — | -$329M | — | -46.5% |
| Gross Margin | 89.9% | — | 75.3% | — | 14.6pp |
| Net Margin | -44.5% | — | -29.8% | — | -14.7pp |
| EPS (Diluted) | $-1.00 | — | $-2.73 | — | 63.4% |
| Free Cash Flow | -$1.4B | — | -$504M | — | -178.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $110M |
| GROSS PROFIT | $977M |
| R&D Expenses | $0 |
| Selling & Marketing | $427M |
| General & Administrative | $499M |
| SG&A Expenses | $925M |
| Other Expenses | $533M |
| Operating Expenses | $1.5B |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | -$481M |
| Interest Income | $355M |
| Interest Expense | $103M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$481M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$484M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$484M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$524M |
| D&A | $102M |
| EBIT | -$481M |
| EBITDA | -$380M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$484M |
| Depreciation & Amortization | $102M |
| Stock-Based Compensation | $239M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $137M |
| Change in Working Capital | -$1.3B |
| OPERATING CASH FLOW | -$1.4B |
| Capital Expenditure | -$52M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$268M |
| Sales/Maturities of Investments | $414M |
| Other Investing Activities | $17M |
| NET CASH FROM INVESTING | $110M |
| Net Debt Issuance | -$908M |
| Common Stock Repurchased | -$283M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1.9B |
| NET CASH FROM FINANCING | $685M |
| FREE CASH FLOW | -$1.4B |
| Net Change in Cash | -$555M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $495M |
| Short-Term Investments | $195M |
| Net Receivables | $86M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $833M |
| PP&E (Net) | $227M |
| Goodwill | $899M |
| Intangible Assets | $453M |
| Long-Term Investments | $6.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $280M |
| TOTAL NON-CURRENT ASSETS | $8.3B |
| TOTAL ASSETS | $9.2B |
| Account Payables | $158M |
| Short-Term Debt | $498M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $750M |
| Long-Term Debt | $3.5B |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $4.5B |
| Common Stock | $83.0K |
| Additional Paid-In Capital | $5.6B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.7B |
| TOTAL LIABILITIES & EQUITY | $9.2B |
| Total Debt | $4.2B |
| Net Debt | $3.7B |
