| Metric | FY 2021 | Prior Q | FY 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $97M | — | $122M | — | -20.7% |
| Op. Income | -$110M | — | -$42M | — | -163.1% |
| Gross Margin | 100.0% | — | 100.0% | — | 0.0pp |
| Net Margin | -81.4% | — | -29.5% | — | -51.8pp |
| EPS (Diluted) | $-3.92 | — | $-1.81 | — | -116.6% |
| Free Cash Flow | -$71M | — | $6M | — | -1353.7% |
| Item | Amount |
|---|---|
| REVENUE | $97M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $97M |
| R&D Expenses | $174M |
| Selling & Marketing | $0 |
| General & Administrative | $33M |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $207M |
| Cost & Expenses | $207M |
| OPERATING INCOME | -$110M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$108M |
| Income Tax Expense | -$29M |
| Net Income from Continuing Ops | -$79M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$79M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$79M |
| D&A | $3M |
| EBIT | -$108M |
| EBITDA | -$104M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$79M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | $345.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | -$70M |
| Capital Expenditure | -$750.0K |
| Acquisitions (Net) | -$38M |
| Purchases of Investments | -$307M |
| Sales/Maturities of Investments | $345M |
| Other Investing Activities | $38M |
| NET CASH FROM INVESTING | $37M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$534.0K |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$71M |
| Net Change in Cash | -$30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $57M |
| Short-Term Investments | $187M |
| Net Receivables | $61M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $319M |
| PP&E (Net) | $11M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $109M |
| Tax Assets | $2M |
| Other Non-Current Assets | $92.0K |
| TOTAL NON-CURRENT ASSETS | $122M |
| TOTAL ASSETS | $441M |
| Account Payables | $10M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $36M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $558.0K |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $41M |
| Common Stock | $202.0K |
| Additional Paid-In Capital | $351M |
| Retained Earnings | $49M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$382.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $399M |
| Minority Interest | $0 |
| TOTAL EQUITY | $399M |
| TOTAL LIABILITIES & EQUITY | $441M |
| Total Debt | $7M |
| Net Debt | -$50M |
