| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $567M | — | $626M | — | -9.3% |
| Op. Income | -$183M | — | -$141M | — | -30.2% |
| Gross Margin | 97.5% | — | 97.6% | — | -0.1pp |
| Net Margin | -33.9% | — | -23.8% | — | -10.1pp |
| EPS (Diluted) | $-2.81 | — | $-2.10 | — | -33.3% |
| Free Cash Flow | $28M | — | $73M | — | -61.0% |
| Item | Amount |
|---|---|
| REVENUE | $567M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $553M |
| R&D Expenses | $0 |
| Selling & Marketing | $404M |
| General & Administrative | $45M |
| SG&A Expenses | $449M |
| Other Expenses | $287M |
| Operating Expenses | $736M |
| Cost & Expenses | $750M |
| OPERATING INCOME | -$183M |
| Interest Income | $6M |
| Interest Expense | $14.0K |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | -$178M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | -$192M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$192M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$192M |
| D&A | $5M |
| EBIT | -$178M |
| EBITDA | -$172M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$192M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $231M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$29M |
| Sales/Maturities of Investments | $53M |
| Other Investing Activities | $32.7K |
| NET CASH FROM INVESTING | $19M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$216M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$223M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | -$172M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $119M |
| Short-Term Investments | $29M |
| Net Receivables | $58M |
| Inventory | $0 |
| Other Current Assets | $645.4K |
| TOTAL CURRENT ASSETS | $220M |
| PP&E (Net) | $61M |
| Goodwill | $0 |
| Intangible Assets | $88M |
| Long-Term Investments | $11M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $160M |
| TOTAL ASSETS | $380M |
| Account Payables | $21M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $42M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $31M |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $87M |
| TOTAL LIABILITIES | $129M |
| Common Stock | $174M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$863M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $797M |
| Other Equity | $143M |
| TOTAL STOCKHOLDERS' EQUITY | $251M |
| Minority Interest | $0 |
| TOTAL EQUITY | $251M |
| TOTAL LIABILITIES & EQUITY | $380M |
| Total Debt | $48M |
| Net Debt | -$71M |
