| Metric | FY 2020 | Prior Q | FY 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | — | $5M | — | 43.4% |
| Op. Income | -$91M | — | -$91M | — | 0.5% |
| Gross Margin | 98.1% | — | 88.6% | — | 9.4pp |
| Net Margin | -1245.7% | — | -1797.8% | — | 552.1pp |
| EPS (Diluted) | $-1.05 | — | $-1.47 | — | 28.6% |
| Free Cash Flow | -$82M | — | -$77M | — | -6.4% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $145.0K |
| GROSS PROFIT | $7M |
| R&D Expenses | $65M |
| Selling & Marketing | $0 |
| General & Administrative | $33M |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $98M |
| Cost & Expenses | $98M |
| OPERATING INCOME | -$91M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$94M |
| Income Tax Expense | $2.0K |
| Net Income from Continuing Ops | -$94M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$94M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$94M |
| D&A | $4M |
| EBIT | -$89M |
| EBITDA | -$85M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$94M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $315.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$81M |
| Capital Expenditure | -$324.0K |
| Acquisitions (Net) | $31M |
| Purchases of Investments | -$151M |
| Sales/Maturities of Investments | $120M |
| Other Investing Activities | -$31M |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | -$125.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $23M |
| FREE CASH FLOW | -$82M |
| Net Change in Cash | -$90M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $91M |
| Short-Term Investments | $95M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $195M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $202M |
| Account Payables | $6M |
| Short-Term Debt | $6M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $28M |
| Long-Term Debt | $47M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $47M |
| TOTAL LIABILITIES | $75M |
| Common Stock | $9.0K |
| Additional Paid-In Capital | $681M |
| Retained Earnings | -$555M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $126M |
| Minority Interest | $0 |
| TOTAL EQUITY | $126M |
| TOTAL LIABILITIES & EQUITY | $202M |
| Total Debt | $55M |
| Net Debt | -$36M |
