| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $613M | — | — | — | — |
| Op. Income | -$157M | — | — | — | — |
| Gross Margin | 54.7% | — | — | — | — |
| Net Margin | -20.1% | — | — | — | — |
| EPS (Diluted) | $-1.24 | — | — | — | — |
| Free Cash Flow | -$62M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $613M |
| Cost of Revenue | $278M |
| GROSS PROFIT | $335M |
| R&D Expenses | $132M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $360M |
| Other Expenses | $0 |
| Operating Expenses | $492M |
| Cost & Expenses | $770M |
| OPERATING INCOME | -$157M |
| Interest Income | $23M |
| Interest Expense | $0 |
| Other Income/Expenses | $36M |
| INCOME BEFORE TAX | -$121M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$123M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$123M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$123M |
| D&A | $4M |
| EBIT | -$121M |
| EBITDA | -$117M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$123M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | -$556.1K |
| Other Non-Cash Items | $18M |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | -$61M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$9M |
| Purchases of Investments | -$1.5B |
| Sales/Maturities of Investments | $1.3B |
| Other Investing Activities | -$55.7K |
| NET CASH FROM INVESTING | -$246M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$54M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $659.4K |
| NET CASH FROM FINANCING | -$53M |
| FREE CASH FLOW | -$62M |
| Net Change in Cash | -$353M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $308M |
| Short-Term Investments | $490M |
| Net Receivables | $100M |
| Inventory | $3M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $932M |
| PP&E (Net) | $7M |
| Goodwill | $28M |
| Intangible Assets | $18M |
| Long-Term Investments | $7M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $61M |
| TOTAL ASSETS | $993M |
| Account Payables | $152M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $63M |
| TOTAL CURRENT LIABILITIES | $284M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $22M |
| TOTAL LIABILITIES | $306M |
| Common Stock | $35.2K |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$1.3B |
| Treasury Stock | -$24M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $672M |
| Minority Interest | $15M |
| TOTAL EQUITY | $687M |
| TOTAL LIABILITIES & EQUITY | $993M |
| Total Debt | $7M |
| Net Debt | -$301M |
