| Metric | FY 2020 | Prior Q | FY 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $823M | — | $665M | — | 23.8% |
| Op. Income | -$220M | — | -$213M | — | -3.3% |
| Gross Margin | 17.0% | — | 9.3% | — | 7.7pp |
| Net Margin | -30.1% | — | -31.4% | — | 1.3pp |
| EPS (Diluted) | $-0.54 | — | $-0.45 | — | -20.0% |
| Free Cash Flow | -$161M | — | -$141M | — | -14.2% |
| Item | Amount |
|---|---|
| REVENUE | $823M |
| Cost of Revenue | $683M |
| GROSS PROFIT | $140M |
| R&D Expenses | $109M |
| Selling & Marketing | $138M |
| General & Administrative | $113M |
| SG&A Expenses | $251M |
| Other Expenses | $0 |
| Operating Expenses | $360M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | -$220M |
| Interest Income | $842.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | -$248M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$248M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$248M |
| Net Income Deductions | $1M |
| BOTTOM LINE NET INCOME | -$249M |
| D&A | $27M |
| EBIT | -$236M |
| EBITDA | -$209M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$248M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $86M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $38M |
| Change in Working Capital | -$28M |
| OPERATING CASH FLOW | -$125M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | $186M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | $594M |
| FREE CASH FLOW | -$161M |
| Net Change in Cash | $435M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $582M |
| Short-Term Investments | $0 |
| Net Receivables | $34M |
| Inventory | $19M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $656M |
| PP&E (Net) | $34M |
| Goodwill | $36M |
| Intangible Assets | $17M |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $32M |
| TOTAL NON-CURRENT ASSETS | $120M |
| TOTAL ASSETS | $776M |
| Account Payables | $31M |
| Short-Term Debt | $0 |
| Deferred Revenue | $44M |
| Other Current Liabilities | $42M |
| TOTAL CURRENT LIABILITIES | $136M |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $34M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $56M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $145M |
| Retained Earnings | -$616M |
| Treasury Stock | -$665.0K |
| Accum. Other Comp. Income | $228.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$471M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$471M |
| TOTAL LIABILITIES & EQUITY | $776M |
| Total Debt | $1.0B |
| Net Debt | $439M |
