| Metric | FY 2021 | Prior Q | FY 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | — | $7M | — | 58.9% |
| Op. Income | -$74M | — | -$58M | — | -27.2% |
| Gross Margin | 100.0% | — | -586.7% | — | 686.7pp |
| Net Margin | -693.9% | — | -922.0% | — | 228.1pp |
| EPS (Diluted) | $-0.73 | — | $-0.86 | — | 15.1% |
| Free Cash Flow | -$68M | — | -$52M | — | -32.3% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $11M |
| R&D Expenses | $66M |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $2M |
| Operating Expenses | $85M |
| Cost & Expenses | $85M |
| OPERATING INCOME | -$74M |
| Interest Income | $127.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$76M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$88M |
| D&A | $2M |
| EBIT | -$73M |
| EBITDA | -$72M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$76M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $930.0K |
| OPERATING CASH FLOW | -$68M |
| Capital Expenditure | -$809.0K |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$82M |
| Sales/Maturities of Investments | $70M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $15M |
| NET CASH FROM FINANCING | $137M |
| FREE CASH FLOW | -$68M |
| Net Change in Cash | $57M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $109M |
| Short-Term Investments | $46M |
| Net Receivables | $899.0K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $161M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $36M |
| Tax Assets | $0 |
| Other Non-Current Assets | $61.0K |
| TOTAL NON-CURRENT ASSETS | $44M |
| TOTAL ASSETS | $204M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $16M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $24M |
| TOTAL LIABILITIES | $35M |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $65M |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$48M |
| Other Equity | -$1 |
| TOTAL STOCKHOLDERS' EQUITY | $169M |
| Minority Interest | $0 |
| TOTAL EQUITY | $169M |
| TOTAL LIABILITIES & EQUITY | $204M |
| Total Debt | $19M |
| Net Debt | -$90M |
