| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $905M | — | $699M | — | 29.5% |
| Op. Income | -$43M | — | -$35M | — | -22.2% |
| Gross Margin | 13.5% | — | 14.9% | — | -1.4pp |
| Net Margin | -4.9% | — | -5.1% | — | 0.1pp |
| EPS (Diluted) | $-1.10 | — | $-0.89 | — | -23.6% |
| Free Cash Flow | -$25M | — | -$5M | — | -412.3% |
| Item | Amount |
|---|---|
| REVENUE | $905M |
| Cost of Revenue | $783M |
| GROSS PROFIT | $122M |
| R&D Expenses | $25M |
| Selling & Marketing | $0 |
| General & Administrative | $39M |
| SG&A Expenses | $39M |
| Other Expenses | $101M |
| Operating Expenses | $165M |
| Cost & Expenses | $948M |
| OPERATING INCOME | -$43M |
| Interest Income | $3M |
| Interest Expense | $4M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$44M |
| Income Tax Expense | $476.0K |
| Net Income from Continuing Ops | -$45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$45M |
| D&A | $11M |
| EBIT | -$40M |
| EBITDA | -$29M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$45M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $33M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | -$15M |
| Purchases of Investments | -$273M |
| Sales/Maturities of Investments | $239M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$68M |
| Net Debt Issuance | $69M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $61M |
| FREE CASH FLOW | -$25M |
| Net Change in Cash | -$16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $66M |
| Short-Term Investments | $157M |
| Net Receivables | $232M |
| Inventory | $0 |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $469M |
| PP&E (Net) | $91M |
| Goodwill | $42M |
| Intangible Assets | $24M |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $38M |
| TOTAL NON-CURRENT ASSETS | $203M |
| TOTAL ASSETS | $672M |
| Account Payables | $9M |
| Short-Term Debt | $1M |
| Deferred Revenue | $203M |
| Other Current Liabilities | $44M |
| TOTAL CURRENT LIABILITIES | $290M |
| Long-Term Debt | $68M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $77M |
| TOTAL LIABILITIES | $366M |
| Common Stock | $0 |
| Additional Paid-In Capital | $500M |
| Retained Earnings | -$172M |
| Treasury Stock | -$17M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $305M |
| Minority Interest | $0 |
| TOTAL EQUITY | $305M |
| TOTAL LIABILITIES & EQUITY | $672M |
| Total Debt | $69M |
| Net Debt | $4M |
