| Metric | FY 2020 | Prior Q | FY 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20M | — | $0 | — | — |
| Op. Income | -$35M | — | -$44M | — | 20.2% |
| Gross Margin | 92.9% | — | — | — | — |
| Net Margin | -176.6% | — | — | — | — |
| EPS (Diluted) | $-1.31 | — | $-1.90 | — | 31.1% |
| Free Cash Flow | $55M | — | -$41M | — | 235.2% |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $18M |
| R&D Expenses | $40M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $54M |
| Cost & Expenses | $55M |
| OPERATING INCOME | -$35M |
| Interest Income | $849.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $849.0K |
| INCOME BEFORE TAX | -$34M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$34M |
| D&A | $1M |
| EBIT | -$34M |
| EBITDA | -$33M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$34M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $562.0K |
| Change in Working Capital | $84M |
| OPERATING CASH FLOW | $55M |
| Capital Expenditure | -$493.0K |
| Acquisitions (Net) | -$18.0K |
| Purchases of Investments | -$242M |
| Sales/Maturities of Investments | $97M |
| Other Investing Activities | $18.0K |
| NET CASH FROM INVESTING | -$146M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $129M |
| FREE CASH FLOW | $55M |
| Net Change in Cash | $38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $72M |
| Short-Term Investments | $212M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $289M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $188.0K |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $298M |
| Account Payables | $953.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $28M |
| Other Current Liabilities | $18.0K |
| TOTAL CURRENT LIABILITIES | $39M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $56M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12.0K |
| TOTAL NON-CURRENT LIABILITIES | $61M |
| TOTAL LIABILITIES | $100M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $325M |
| Retained Earnings | -$127M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $7.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $198M |
| Minority Interest | $0 |
| TOTAL EQUITY | $198M |
| TOTAL LIABILITIES & EQUITY | $298M |
| Total Debt | $7M |
| Net Debt | -$65M |
