| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.2B | — | $3.8B | — | 8.6% |
| Op. Income | -$387M | — | -$993M | — | 61.1% |
| Gross Margin | 47.3% | — | 46.1% | — | 1.1pp |
| Net Margin | -24.4% | — | -32.8% | — | 8.4pp |
| EPS (Diluted) | $-5.54 | — | $-6.86 | — | 19.2% |
| Free Cash Flow | $364M | — | -$335M | — | 208.7% |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $941M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.4B |
| Other Expenses | $0 |
| Operating Expenses | $2.3B |
| Cost & Expenses | $4.5B |
| OPERATING INCOME | -$387M |
| Interest Income | $78M |
| Interest Expense | $0 |
| Other Income/Expenses | -$610M |
| INCOME BEFORE TAX | -$997M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | -$1.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.0B |
| D&A | $311M |
| EBIT | -$997M |
| EBITDA | -$685M |
| EPS | -$6 |
| EPS Diluted | -$6 |
| Item | Amount |
|---|---|
| Net Income | -$1.0B |
| Depreciation & Amortization | $284M |
| Stock-Based Compensation | $676M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $701M |
| Change in Working Capital | -$231M |
| OPERATING CASH FLOW | $415M |
| Capital Expenditure | -$51M |
| Acquisitions (Net) | $32M |
| Purchases of Investments | -$2.0B |
| Sales/Maturities of Investments | $2.2B |
| Other Investing Activities | -$40M |
| NET CASH FROM INVESTING | $229M |
| Net Debt Issuance | -$16M |
| Common Stock Repurchased | -$669M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$644M |
| FREE CASH FLOW | $364M |
| Net Change in Cash | -$147.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $656M |
| Short-Term Investments | $3.4B |
| Net Receivables | $563M |
| Inventory | $0 |
| Other Current Assets | $132M |
| TOTAL CURRENT ASSETS | $4.9B |
| PP&E (Net) | $284M |
| Goodwill | $5.2B |
| Intangible Assets | $350M |
| Long-Term Investments | $594M |
| Tax Assets | $0 |
| Other Non-Current Assets | $235M |
| TOTAL NON-CURRENT ASSETS | $6.7B |
| TOTAL ASSETS | $11.6B |
| Account Payables | $120M |
| Short-Term Debt | $0 |
| Deferred Revenue | $144M |
| Other Current Liabilities | $29M |
| TOTAL CURRENT LIABILITIES | $738M |
| Long-Term Debt | $989M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $182.0K |
| Additional Paid-In Capital | $14.8B |
| Retained Earnings | -$5.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $619.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $9.7B |
| TOTAL LIABILITIES & EQUITY | $11.6B |
| Total Debt | $1.2B |
| Net Debt | $504M |
