| Metric | FY 2019 | Prior Q | FY 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $118M | — | $94M | — | 24.9% |
| Op. Income | -$426M | — | -$362M | — | -17.6% |
| Gross Margin | 98.9% | — | 98.5% | — | 0.4pp |
| Net Margin | -349.0% | — | -366.6% | — | 17.6pp |
| EPS (Diluted) | $-6.61 | — | $-6.03 | — | -9.6% |
| Free Cash Flow | -$383M | — | -$311M | — | -22.9% |
| Item | Amount |
|---|---|
| REVENUE | $118M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $117M |
| R&D Expenses | $411M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $132M |
| Other Expenses | $0 |
| Operating Expenses | $543M |
| Cost & Expenses | $544M |
| OPERATING INCOME | -$426M |
| Interest Income | $15M |
| Interest Expense | $0 |
| Other Income/Expenses | $15M |
| INCOME BEFORE TAX | -$411M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$411M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$411M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$411M |
| D&A | $17M |
| EBIT | -$411M |
| EBITDA | -$395M |
| EPS | -$7 |
| EPS Diluted | -$7 |
| Item | Amount |
|---|---|
| Net Income | -$411M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $72M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$46M |
| OPERATING CASH FLOW | -$371M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | -$103M |
| Purchases of Investments | -$489M |
| Sales/Maturities of Investments | $592M |
| Other Investing Activities | $103M |
| NET CASH FROM INVESTING | $91M |
| Net Debt Issuance | -$113.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $13M |
| NET CASH FROM FINANCING | $290M |
| FREE CASH FLOW | -$383M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $81M |
| Short-Term Investments | $484M |
| Net Receivables | $15M |
| Inventory | $7M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $612M |
| PP&E (Net) | $126M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $153M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $279M |
| TOTAL ASSETS | $891M |
| Account Payables | $22M |
| Short-Term Debt | $0 |
| Deferred Revenue | $11M |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $93M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $51M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $157M |
| TOTAL LIABILITIES | $250M |
| Common Stock | $68.0K |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | -$1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $202.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $641M |
| Minority Interest | $0 |
| TOTAL EQUITY | $641M |
| TOTAL LIABILITIES & EQUITY | $891M |
| Total Debt | $114M |
| Net Debt | $33M |
