| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $210M | — | $34M | — | 518.9% |
| Op. Income | -$123M | — | -$262M | — | 52.9% |
| Gross Margin | 98.4% | — | 95.9% | — | 2.5pp |
| Net Margin | -74.9% | — | -678.2% | — | 603.3pp |
| EPS (Diluted) | $-1.99 | — | $-3.00 | — | 33.7% |
| Free Cash Flow | -$139M | — | -$240M | — | 42.0% |
| Item | Amount |
|---|---|
| REVENUE | $210M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $207M |
| R&D Expenses | $186M |
| Selling & Marketing | $36M |
| General & Administrative | $108M |
| SG&A Expenses | $143M |
| Other Expenses | $0 |
| Operating Expenses | $330M |
| Cost & Expenses | $333M |
| OPERATING INCOME | -$123M |
| Interest Income | $3M |
| Interest Expense | $37M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | -$157M |
| Income Tax Expense | $227.0K |
| Net Income from Continuing Ops | -$157M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$157M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$157M |
| D&A | $2M |
| EBIT | -$110M |
| EBITDA | -$108M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$157M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $51M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$49M |
| OPERATING CASH FLOW | -$138M |
| Capital Expenditure | -$687.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$687.0K |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$897.0K |
| FREE CASH FLOW | -$139M |
| Net Change in Cash | -$140M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $326M |
| Short-Term Investments | $0 |
| Net Receivables | $73M |
| Inventory | $12M |
| Other Current Assets | $199.0K |
| TOTAL CURRENT ASSETS | $435M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $14M |
| Long-Term Investments | $8M |
| Tax Assets | $37M |
| Other Non-Current Assets | -$13M |
| TOTAL NON-CURRENT ASSETS | $56M |
| TOTAL ASSETS | $491M |
| Account Payables | $12M |
| Short-Term Debt | $12M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $82M |
| Long-Term Debt | $110M |
| Deferred Revenue NC | $24M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $190M |
| TOTAL NON-CURRENT LIABILITIES | $329M |
| TOTAL LIABILITIES | $411M |
| Common Stock | $7M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$1.1B |
| Treasury Stock | -$679.0K |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $79M |
| Minority Interest | $0 |
| TOTAL EQUITY | $79M |
| TOTAL LIABILITIES & EQUITY | $491M |
| Total Debt | $130M |
| Net Debt | -$197M |
