| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | — | $673M | — | 62.1% |
| Op. Income | -$327M | — | -$207M | — | -57.9% |
| Gross Margin | 77.7% | — | 77.6% | — | 0.1pp |
| Net Margin | -35.8% | — | -38.9% | — | 3.2pp |
| EPS (Diluted) | $-2.77 | — | $-1.93 | — | -43.5% |
| Free Cash Flow | $231M | — | $144M | — | 60.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $243M |
| GROSS PROFIT | $848M |
| R&D Expenses | $289M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $886M |
| Other Expenses | $0 |
| Operating Expenses | $1.2B |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | -$327M |
| Interest Income | $5M |
| Interest Expense | $57M |
| Other Income/Expenses | -$56M |
| INCOME BEFORE TAX | -$384M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | -$390M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$390M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$390M |
| D&A | $144M |
| EBIT | -$327M |
| EBITDA | -$183M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$390M |
| Depreciation & Amortization | $49M |
| Stock-Based Compensation | $410M |
| Deferred Income Tax | -$562.0K |
| Other Non-Cash Items | $156M |
| Change in Working Capital | $97M |
| OPERATING CASH FLOW | $322M |
| Capital Expenditure | -$91M |
| Acquisitions (Net) | -$25M |
| Purchases of Investments | -$845M |
| Sales/Maturities of Investments | $1.3B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $374M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$255.0K |
| NET CASH FROM FINANCING | $41M |
| FREE CASH FLOW | $231M |
| Net Change in Cash | $737M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $718M |
| Net Receivables | $400M |
| Inventory | $0 |
| Other Current Assets | $88M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $233M |
| Goodwill | $79M |
| Intangible Assets | $32M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $233M |
| TOTAL NON-CURRENT ASSETS | $576M |
| TOTAL ASSETS | $2.8B |
| Account Payables | $26M |
| Short-Term Debt | $0 |
| Deferred Revenue | $924M |
| Other Current Liabilities | $112M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $969M |
| Deferred Revenue NC | $97M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $143.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$992M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$26M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $573M |
| Minority Interest | $0 |
| TOTAL EQUITY | $573M |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $1.0B |
| Net Debt | $33M |
