| Metric | FY 2020 | Prior Q | FY 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $772M | — | $542M | — | 42.6% |
| Op. Income | -$275M | — | -$151M | — | -82.4% |
| Gross Margin | 77.7% | — | 78.1% | — | -0.4pp |
| Net Margin | -36.5% | — | -30.1% | — | -6.4pp |
| EPS (Diluted) | $-1.66 | — | $-0.72 | — | -130.6% |
| Free Cash Flow | -$21M | — | -$95M | — | 77.9% |
| Item | Amount |
|---|---|
| REVENUE | $772M |
| Cost of Revenue | $172M |
| GROSS PROFIT | $600M |
| R&D Expenses | $404M |
| Selling & Marketing | $216M |
| General & Administrative | $255M |
| SG&A Expenses | $471M |
| Other Expenses | $0 |
| Operating Expenses | $875M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | -$275M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$280M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$282M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$282M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$282M |
| D&A | $43M |
| EBIT | -$275M |
| EBITDA | -$232M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$282M |
| Depreciation & Amortization | $43M |
| Stock-Based Compensation | $135M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $67M |
| Change in Working Capital | $58M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$41M |
| Acquisitions (Net) | -$52M |
| Purchases of Investments | -$483M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$750.0K |
| NET CASH FROM INVESTING | -$575M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$110.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $34M |
| NET CASH FROM FINANCING | $1.7B |
| FREE CASH FLOW | -$21M |
| Net Change in Cash | $1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $479M |
| Net Receivables | $274M |
| Inventory | $0 |
| Other Current Assets | $22M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $199M |
| Goodwill | $286M |
| Intangible Assets | $57M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $48M |
| TOTAL NON-CURRENT ASSETS | $591M |
| TOTAL ASSETS | $2.7B |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $114M |
| Other Current Liabilities | $53M |
| TOTAL CURRENT LIABILITIES | $503M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $21M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $131M |
| TOTAL LIABILITIES | $634M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $2.8B |
| Retained Earnings | -$797M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $124M |
| Net Debt | -$1.1B |
