| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | — | $2M | — | 146.3% |
| Op. Income | -$60M | — | -$53M | — | -12.3% |
| Gross Margin | 100.0% | — | 100.0% | — | 0.0pp |
| Net Margin | -1184.1% | — | -3587.7% | — | 2403.6pp |
| EPS (Diluted) | $-3.32 | — | $-4.08 | — | 18.6% |
| Free Cash Flow | -$57M | — | -$17M | — | -235.5% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $5M |
| R&D Expenses | $44M |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $65M |
| Cost & Expenses | $65M |
| OPERATING INCOME | -$60M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$58M |
| Income Tax Expense | $53.0K |
| Net Income from Continuing Ops | -$58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$58M |
| D&A | $1M |
| EBIT | -$60M |
| EBITDA | -$59M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$59M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$51M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$5.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$57M |
| Net Change in Cash | -$58M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $103M |
| Short-Term Investments | $0 |
| Net Receivables | $525.0K |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $105M |
| PP&E (Net) | $28M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $762.0K |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $133M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $11M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $26M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $16M |
| Deferred Tax Liabilities | $216M |
| Other Non-Current Liabilities | $115.0K |
| TOTAL NON-CURRENT LIABILITIES | $248M |
| TOTAL LIABILITIES | $274M |
| Common Stock | $0 |
| Additional Paid-In Capital | $12M |
| Retained Earnings | -$153M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$141M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$141M |
| TOTAL LIABILITIES & EQUITY | $133M |
| Total Debt | $19M |
| Net Debt | -$83M |
