| Metric | FY 2021 | Prior Q | FY 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $444M | — | $294M | — | 50.9% |
| Op. Income | -$44M | — | -$31M | — | -39.5% |
| Gross Margin | 6.2% | — | 9.4% | — | -3.2pp |
| Net Margin | -9.6% | — | -10.2% | — | 0.6pp |
| EPS (Diluted) | $-0.87 | — | $-0.60 | — | -43.5% |
| Free Cash Flow | -$29M | — | -$24M | — | -23.6% |
| Item | Amount |
|---|---|
| REVENUE | $444M |
| Cost of Revenue | $417M |
| GROSS PROFIT | $28M |
| R&D Expenses | $15M |
| Selling & Marketing | $40M |
| General & Administrative | $17M |
| SG&A Expenses | $56M |
| Other Expenses | $0 |
| Operating Expenses | $72M |
| Cost & Expenses | $488M |
| OPERATING INCOME | -$44M |
| Interest Income | $779.2K |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$43M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$62M |
| D&A | $625.5K |
| EBIT | -$44M |
| EBITDA | -$43M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$43M |
| Depreciation & Amortization | $625.5K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6.7K |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | -$28M |
| Capital Expenditure | -$764.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$212M |
| Sales/Maturities of Investments | $121M |
| Other Investing Activities | $18.4K |
| NET CASH FROM INVESTING | -$91M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$645.5K |
| NET CASH FROM FINANCING | $109M |
| FREE CASH FLOW | -$29M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $90M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $131M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $461.6K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $133M |
| Account Payables | $40M |
| Short-Term Debt | $0 |
| Deferred Revenue | $7M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $83M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $324M |
| TOTAL NON-CURRENT LIABILITIES | $324M |
| TOTAL LIABILITIES | $407M |
| Common Stock | $6.4K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$285M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$274M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$274M |
| TOTAL LIABILITIES & EQUITY | $133M |
| Total Debt | $0 |
| Net Debt | -$32M |
