| Metric | FY 2021 | Prior Q | FY 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | — | $823M | — | 107.2% |
| Op. Income | -$228M | — | -$220M | — | -3.6% |
| Gross Margin | 18.4% | — | 17.0% | — | 1.4pp |
| Net Margin | -28.6% | — | -30.1% | — | 1.6pp |
| EPS (Diluted) | $-0.97 | — | $-0.54 | — | -79.6% |
| Free Cash Flow | -$17M | — | -$161M | — | 89.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $314M |
| R&D Expenses | $163M |
| Selling & Marketing | $190M |
| General & Administrative | $189M |
| SG&A Expenses | $379M |
| Other Expenses | $0 |
| Operating Expenses | $542M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | -$228M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$262M |
| INCOME BEFORE TAX | -$490M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$487M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$487M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$487M |
| D&A | $21M |
| EBIT | -$228M |
| EBITDA | -$207M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$487M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $159M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $301M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | -$26M |
| Purchases of Investments | -$469M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$503M |
| Net Debt Issuance | -$245M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $20M |
| NET CASH FROM FINANCING | $759M |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | $257M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $809M |
| Short-Term Investments | $457M |
| Net Receivables | $55M |
| Inventory | $63M |
| Other Current Assets | $41M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $120M |
| Goodwill | $74M |
| Intangible Assets | $16M |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $62M |
| TOTAL NON-CURRENT ASSETS | $280M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $40M |
| Short-Term Debt | $22M |
| Deferred Revenue | $44M |
| Other Current Liabilities | $203M |
| TOTAL CURRENT LIABILITIES | $352M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $12M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $203M |
| TOTAL NON-CURRENT LIABILITIES | $292M |
| TOTAL LIABILITIES | $644M |
| Common Stock | $0 |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $99M |
| Net Debt | -$710M |
