| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $474M | — | $390M | — | 21.4% |
| Op. Income | -$117M | — | -$108M | — | -9.1% |
| Gross Margin | 85.3% | — | 84.8% | — | 0.5pp |
| Net Margin | -26.3% | — | -30.0% | — | 3.7pp |
| EPS (Diluted) | $-1.14 | — | $-1.11 | — | -2.7% |
| Free Cash Flow | $475.0K | — | -$3M | — | 114.3% |
| Item | Amount |
|---|---|
| REVENUE | $474M |
| Cost of Revenue | $70M |
| GROSS PROFIT | $404M |
| R&D Expenses | $178M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $343M |
| Other Expenses | $0 |
| Operating Expenses | $521M |
| Cost & Expenses | $591M |
| OPERATING INCOME | -$117M |
| Interest Income | $10M |
| Interest Expense | $7M |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | -$111M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | -$125M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$125M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$125M |
| D&A | $21M |
| EBIT | -$104M |
| EBITDA | -$82M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$125M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $166M |
| Change in Working Capital | -$51M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $21.0K |
| Purchases of Investments | -$420M |
| Sales/Maturities of Investments | $58M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$374M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$56M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$31M |
| NET CASH FROM FINANCING | -$76M |
| FREE CASH FLOW | $475.0K |
| Net Change in Cash | -$438M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $368M |
| Short-Term Investments | $365M |
| Net Receivables | $143M |
| Inventory | $0 |
| Other Current Assets | $406.0K |
| TOTAL CURRENT ASSETS | $886M |
| PP&E (Net) | $96M |
| Goodwill | $23M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $36M |
| TOTAL NON-CURRENT ASSETS | $157M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $111M |
| Other Current Liabilities | $42M |
| TOTAL CURRENT LIABILITIES | $229M |
| Long-Term Debt | $249M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $313M |
| TOTAL LIABILITIES | $542M |
| Common Stock | $108.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$543M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $502M |
| Minority Interest | $0 |
| TOTAL EQUITY | $502M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $316M |
| Net Debt | -$51M |
