| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $683M | — | $541M | — | 26.3% |
| Op. Income | -$68M | — | -$42M | — | -62.4% |
| Gross Margin | 77.3% | — | 80.3% | — | -3.0pp |
| Net Margin | -13.5% | — | -8.6% | — | -4.9pp |
| EPS (Diluted) | $-0.83 | — | $-0.44 | — | -88.6% |
| Free Cash Flow | $112M | — | $90M | — | 24.2% |
| Item | Amount |
|---|---|
| REVENUE | $683M |
| Cost of Revenue | $155M |
| GROSS PROFIT | $528M |
| R&D Expenses | $144M |
| Selling & Marketing | $349M |
| General & Administrative | $103M |
| SG&A Expenses | $453M |
| Other Expenses | $0 |
| Operating Expenses | $596M |
| Cost & Expenses | $751M |
| OPERATING INCOME | -$68M |
| Interest Income | $6M |
| Interest Expense | $19M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | -$85M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | -$92M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$92M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$92M |
| D&A | $22M |
| EBIT | -$66M |
| EBITDA | -$44M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$92M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $121M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $78M |
| OPERATING CASH FLOW | $131M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | -$67M |
| Purchases of Investments | -$277M |
| Sales/Maturities of Investments | $235M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$128M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $27M |
| NET CASH FROM FINANCING | $23M |
| FREE CASH FLOW | $112M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $301M |
| Short-Term Investments | $267M |
| Net Receivables | $187M |
| Inventory | $0 |
| Other Current Assets | $102M |
| TOTAL CURRENT ASSETS | $857M |
| PP&E (Net) | $85M |
| Goodwill | $317M |
| Intangible Assets | $75M |
| Long-Term Investments | $15M |
| Tax Assets | -$15M |
| Other Non-Current Assets | $105M |
| TOTAL NON-CURRENT ASSETS | $582M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $19M |
| Short-Term Debt | $0 |
| Deferred Revenue | $502M |
| Other Current Liabilities | $58M |
| TOTAL CURRENT LIABILITIES | $584M |
| Long-Term Debt | $362M |
| Deferred Revenue NC | $162M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $585M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | -$747M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $271M |
| Minority Interest | $0 |
| TOTAL EQUITY | $271M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $420M |
| Net Debt | $120M |
