| Metric | FY 2021 | Prior Q | FY 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | — | $67M | — | -44.8% |
| Op. Income | -$235M | — | -$138M | — | -71.2% |
| Gross Margin | 100.0% | — | 100.0% | — | 0.0pp |
| Net Margin | -276.0% | — | -255.3% | — | -20.8pp |
| EPS (Diluted) | $-3.25 | — | $-5.44 | — | 40.3% |
| Free Cash Flow | -$269M | — | -$86M | — | -211.6% |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $37M |
| R&D Expenses | $191M |
| Selling & Marketing | $0 |
| General & Administrative | $84M |
| SG&A Expenses | $84M |
| Other Expenses | -$3M |
| Operating Expenses | $272M |
| Cost & Expenses | $272M |
| OPERATING INCOME | -$235M |
| Interest Income | $19.0K |
| Interest Expense | $113M |
| Other Income/Expenses | $86M |
| INCOME BEFORE TAX | -$149M |
| Income Tax Expense | -$48M |
| Net Income from Continuing Ops | -$102M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$102M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$102M |
| D&A | $18M |
| EBIT | -$36M |
| EBITDA | -$18M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$102M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$48M |
| Other Non-Cash Items | -$90M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$228M |
| Capital Expenditure | -$41M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$20M |
| NET CASH FROM INVESTING | -$41M |
| Net Debt Issuance | $69M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $255M |
| FREE CASH FLOW | -$269M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18M |
| Short-Term Investments | $0 |
| Net Receivables | $54M |
| Inventory | $39M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $120M |
| PP&E (Net) | $205M |
| Goodwill | $12M |
| Intangible Assets | $22M |
| Long-Term Investments | $55M |
| Tax Assets | $170M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $478M |
| TOTAL ASSETS | $598M |
| Account Payables | $29M |
| Short-Term Debt | $3M |
| Deferred Revenue | $30M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $112M |
| Long-Term Debt | $398M |
| Deferred Revenue NC | $45M |
| Deferred Tax Liabilities | $150.0K |
| Other Non-Current Liabilities | $64M |
| TOTAL NON-CURRENT LIABILITIES | $622M |
| TOTAL LIABILITIES | $734M |
| Common Stock | $135.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$136M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$136M |
| TOTAL LIABILITIES & EQUITY | $598M |
| Total Debt | $523M |
| Net Debt | $505M |
