| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | — | $1.4B | — | 57.2% |
| Op. Income | -$833M | — | -$882M | — | 5.6% |
| Gross Margin | 66.5% | — | 68.2% | — | -1.7pp |
| Net Margin | -37.6% | — | -66.1% | — | 28.5pp |
| EPS (Diluted) | $-2.16 | — | $-2.96 | — | 27.0% |
| Free Cash Flow | $179M | — | -$117M | — | 253.4% |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $734M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $835M |
| General & Administrative | $398M |
| SG&A Expenses | $1.2B |
| Other Expenses | $0 |
| Operating Expenses | $2.3B |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | -$833M |
| Interest Income | $60M |
| Interest Expense | $25M |
| Other Income/Expenses | $35M |
| INCOME BEFORE TAX | -$798M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | -$826M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$822M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$822M |
| D&A | $564M |
| EBIT | -$773M |
| EBITDA | -$209M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$826M |
| Depreciation & Amortization | $564M |
| Stock-Based Compensation | $649M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $25M |
| Change in Working Capital | -$176M |
| OPERATING CASH FLOW | $235M |
| Capital Expenditure | -$56M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $103M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $44M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$250M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $76M |
| NET CASH FROM FINANCING | -$174M |
| FREE CASH FLOW | $179M |
| Net Change in Cash | $99M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $0 |
| Net Receivables | $612M |
| Inventory | $0 |
| Other Current Assets | $123M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $141M |
| Goodwill | $3.2B |
| Intangible Assets | $1.4B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $205M |
| TOTAL NON-CURRENT ASSETS | $4.9B |
| TOTAL ASSETS | $7.2B |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $187M |
| Other Current Liabilities | $91M |
| TOTAL CURRENT LIABILITIES | $894M |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $217M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $3.8B |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $6.3B |
| Retained Earnings | -$3.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.2B |
| Minority Interest | $232M |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $7.2B |
| Total Debt | $2.7B |
| Net Debt | $1.1B |
