| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $51M | — | $28M | — | 82.3% |
| Op. Income | -$63M | — | -$50M | — | -24.3% |
| Gross Margin | 95.9% | — | 93.8% | — | 2.0pp |
| Net Margin | -115.2% | — | -178.1% | — | 62.9pp |
| EPS (Diluted) | $-1.42 | — | $-1.41 | — | -0.7% |
| Free Cash Flow | -$91M | — | -$58M | — | -55.1% |
| Item | Amount |
|---|---|
| REVENUE | $51M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $49M |
| R&D Expenses | $90M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $22M |
| Other Expenses | $0 |
| Operating Expenses | $111M |
| Cost & Expenses | $113M |
| OPERATING INCOME | -$63M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$59M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$59M |
| D&A | $2M |
| EBIT | -$59M |
| EBITDA | -$57M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$59M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$695.0K |
| Change in Working Capital | -$42M |
| OPERATING CASH FLOW | -$87M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $33M |
| Purchases of Investments | -$256M |
| Sales/Maturities of Investments | $226M |
| Other Investing Activities | -$33M |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $97M |
| FREE CASH FLOW | -$91M |
| Net Change in Cash | -$23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $69M |
| Short-Term Investments | $296M |
| Net Receivables | $211.0K |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $370M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $205.0K |
| TOTAL NON-CURRENT ASSETS | $18M |
| TOTAL ASSETS | $388M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $9M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $32M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $39M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $588M |
| Retained Earnings | -$235M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $349M |
| Minority Interest | $0 |
| TOTAL EQUITY | $349M |
| TOTAL LIABILITIES & EQUITY | $388M |
| Total Debt | $3M |
| Net Debt | -$65M |
