| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $618M | — | $503M | — | 23.0% |
| Op. Income | -$93M | — | -$54M | — | -70.8% |
| Gross Margin | 74.1% | — | 73.0% | — | 1.0pp |
| Net Margin | -14.5% | — | -11.2% | — | -3.4pp |
| EPS (Diluted) | $-0.69 | — | $-0.44 | — | -56.8% |
| Free Cash Flow | $3M | — | $5M | — | -41.2% |
| Item | Amount |
|---|---|
| REVENUE | $618M |
| Cost of Revenue | $160M |
| GROSS PROFIT | $458M |
| R&D Expenses | $155M |
| Selling & Marketing | $247M |
| General & Administrative | $124M |
| SG&A Expenses | $371M |
| Other Expenses | $25M |
| Operating Expenses | $551M |
| Cost & Expenses | $711M |
| OPERATING INCOME | -$93M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$89M |
| Income Tax Expense | $536.0K |
| Net Income from Continuing Ops | -$90M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$90M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$90M |
| D&A | $11M |
| EBIT | -$93M |
| EBITDA | -$81M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$90M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $76M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $26M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$582M |
| Sales/Maturities of Investments | $521M |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$69M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$57M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $129M |
| Short-Term Investments | $557M |
| Net Receivables | $65M |
| Inventory | $0 |
| Other Current Assets | $161M |
| TOTAL CURRENT ASSETS | $931M |
| PP&E (Net) | $30M |
| Goodwill | $118M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $149M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $25M |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $248M |
| Long-Term Debt | $564M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $584M |
| TOTAL LIABILITIES | $831M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $593M |
| Retained Earnings | -$341M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $249M |
| Minority Interest | $0 |
| TOTAL EQUITY | $249M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $582M |
| Net Debt | $453M |
