| Metric | FY 2021 | Prior Q | FY 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $844M | — | $493M | — | 71.3% |
| Op. Income | -$709M | — | -$828M | — | 14.5% |
| Gross Margin | 83.4% | — | 84.2% | — | -0.8pp |
| Net Margin | -101.0% | — | -174.1% | — | 73.1pp |
| EPS (Diluted) | $-7.20 | — | $-7.46 | — | 3.5% |
| Free Cash Flow | -$718M | — | -$685M | — | -4.8% |
| Item | Amount |
|---|---|
| REVENUE | $844M |
| Cost of Revenue | $140M |
| GROSS PROFIT | $704M |
| R&D Expenses | $792M |
| Selling & Marketing | $0 |
| General & Administrative | $621M |
| SG&A Expenses | $621M |
| Other Expenses | -$2M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | -$709M |
| Interest Income | $2M |
| Interest Expense | $143M |
| Other Income/Expenses | -$143M |
| INCOME BEFORE TAX | -$852M |
| Income Tax Expense | $680.0K |
| Net Income from Continuing Ops | -$853M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$853M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$853M |
| D&A | $48M |
| EBIT | -$709M |
| EBITDA | -$662M |
| EPS | -$7 |
| EPS Diluted | -$7 |
| Item | Amount |
|---|---|
| Net Income | -$853M |
| Depreciation & Amortization | $90M |
| Stock-Based Compensation | $166M |
| Deferred Income Tax | -$56M |
| Other Non-Cash Items | $174M |
| Change in Working Capital | -$163M |
| OPERATING CASH FLOW | -$642M |
| Capital Expenditure | -$76M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.7B |
| Sales/Maturities of Investments | $1.5B |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$273M |
| Net Debt Issuance | $500M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $501M |
| NET CASH FROM FINANCING | $1.2B |
| FREE CASH FLOW | -$718M |
| Net Change in Cash | $323M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $820M |
| Short-Term Investments | $1.6B |
| Net Receivables | $199M |
| Inventory | $86M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $734M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $101M |
| TOTAL NON-CURRENT ASSETS | $835M |
| TOTAL ASSETS | $3.6B |
| Account Payables | $73M |
| Short-Term Debt | $0 |
| Deferred Revenue | $149M |
| Other Current Liabilities | $131M |
| TOTAL CURRENT LIABILITIES | $696M |
| Long-Term Debt | $676M |
| Deferred Revenue NC | $152M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $6.1B |
| Retained Earnings | -$5.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$33M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $588M |
| Minority Interest | $0 |
| TOTAL EQUITY | $588M |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $998M |
| Net Debt | $178M |
