| Metric | FY 2021 | Prior Q | FY 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | — | $20M | — | 43.0% |
| Op. Income | -$50M | — | -$35M | — | -42.2% |
| Gross Margin | 93.8% | — | 92.9% | — | 0.9pp |
| Net Margin | -178.1% | — | -176.6% | — | -1.5pp |
| EPS (Diluted) | $-1.41 | — | $-1.31 | — | -7.6% |
| Free Cash Flow | -$58M | — | $55M | — | -206.3% |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $26M |
| R&D Expenses | $58M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $76M |
| Cost & Expenses | $78M |
| OPERATING INCOME | -$50M |
| Interest Income | $506.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $506.0K |
| INCOME BEFORE TAX | -$50M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$50M |
| D&A | $2M |
| EBIT | -$50M |
| EBITDA | -$48M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$50M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | -$56M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $67M |
| Purchases of Investments | -$315M |
| Sales/Maturities of Investments | $248M |
| Other Investing Activities | -$67M |
| NET CASH FROM INVESTING | -$70M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $145M |
| FREE CASH FLOW | -$58M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $92M |
| Short-Term Investments | $155M |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $251M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $121M |
| Tax Assets | $0 |
| Other Non-Current Assets | $397.0K |
| TOTAL NON-CURRENT ASSETS | $130M |
| TOTAL ASSETS | $381M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $29M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $45M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $31M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $35M |
| TOTAL LIABILITIES | $80M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $479M |
| Retained Earnings | -$177M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$712.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $302M |
| Minority Interest | $0 |
| TOTAL EQUITY | $302M |
| TOTAL LIABILITIES & EQUITY | $381M |
| Total Debt | $5M |
| Net Debt | -$87M |
