| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | — | $1M | — | 339.4% |
| Op. Income | -$168M | — | -$108M | — | -55.9% |
| Gross Margin | 100.0% | — | 100.0% | — | 0.0pp |
| Net Margin | -3460.4% | — | -9985.3% | — | 6524.9pp |
| EPS (Diluted) | $-3.15 | — | $-2.80 | — | -12.5% |
| Free Cash Flow | -$117M | — | -$89M | — | -31.3% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $5M |
| R&D Expenses | $130M |
| Selling & Marketing | $0 |
| General & Administrative | $42M |
| SG&A Expenses | $42M |
| Other Expenses | $0 |
| Operating Expenses | $173M |
| Cost & Expenses | $173M |
| OPERATING INCOME | -$168M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$164M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$164M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$164M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$164M |
| D&A | $983.0K |
| EBIT | -$168M |
| EBITDA | -$167M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$164M |
| Depreciation & Amortization | $983.0K |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $850.0K |
| Change in Working Capital | $19M |
| OPERATING CASH FLOW | -$115M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$330M |
| Sales/Maturities of Investments | $157M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$174M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $122M |
| FREE CASH FLOW | -$117M |
| Net Change in Cash | -$167M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $302M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $345M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $37.0K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $352M |
| Account Payables | $7M |
| Short-Term Debt | $1M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $28M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $36M |
| Common Stock | $759M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$439M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $316M |
| Minority Interest | $0 |
| TOTAL EQUITY | $316M |
| TOTAL LIABILITIES & EQUITY | $352M |
| Total Debt | $3M |
| Net Debt | -$30M |
