| Metric | FY 2020 | Prior Q | FY 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | — | $1.1B | — | 55.3% |
| Op. Income | -$471M | — | -$354M | — | -33.1% |
| Gross Margin | 49.8% | — | 50.6% | — | -0.8pp |
| Net Margin | -27.9% | — | -27.1% | — | -0.8pp |
| EPS (Diluted) | $-3.35 | — | $-2.36 | — | -41.9% |
| Free Cash Flow | -$26M | — | -$53M | — | 50.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $885M |
| GROSS PROFIT | $877M |
| R&D Expenses | $531M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $817M |
| Other Expenses | $0 |
| Operating Expenses | $1.3B |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | -$471M |
| Interest Income | $32M |
| Interest Expense | $25M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | -$504M |
| Income Tax Expense | -$13M |
| Net Income from Continuing Ops | -$491M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$491M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$491M |
| D&A | $188M |
| EBIT | -$479M |
| EBITDA | -$291M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$491M |
| Depreciation & Amortization | $150M |
| Stock-Based Compensation | $361M |
| Deferred Income Tax | -$16M |
| Other Non-Cash Items | $127M |
| Change in Working Capital | -$97M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$59M |
| Acquisitions (Net) | -$334M |
| Purchases of Investments | -$1.6B |
| Sales/Maturities of Investments | $1.2B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$846M |
| Net Debt Issuance | -$11M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | $1.5B |
| FREE CASH FLOW | -$26M |
| Net Change in Cash | $680M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $934M |
| Short-Term Investments | $2.1B |
| Net Receivables | $251M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $442M |
| Goodwill | $4.6B |
| Intangible Assets | $967M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $111M |
| TOTAL NON-CURRENT ASSETS | $6.1B |
| TOTAL ASSETS | $9.5B |
| Account Payables | $60M |
| Short-Term Debt | $0 |
| Deferred Revenue | $87M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $448M |
| Long-Term Debt | $302M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $586M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $164.0K |
| Additional Paid-In Capital | $9.6B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.5B |
| TOTAL LIABILITIES & EQUITY | $9.5B |
| Total Debt | $607M |
| Net Debt | -$327M |
