| Metric | FY 2021 | Prior Q | FY 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $210M | — | $108M | — | 94.1% |
| Op. Income | -$98M | — | -$172M | — | 42.8% |
| Gross Margin | 98.4% | — | 97.5% | — | 0.9pp |
| Net Margin | -59.1% | — | -181.6% | — | 122.5pp |
| EPS (Diluted) | $-24.75 | — | $-40.87 | — | 39.4% |
| Free Cash Flow | -$113M | — | -$160M | — | 29.6% |
| Item | Amount |
|---|---|
| REVENUE | $210M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $206M |
| R&D Expenses | $161M |
| Selling & Marketing | $0 |
| General & Administrative | $144M |
| SG&A Expenses | $144M |
| Other Expenses | $0 |
| Operating Expenses | $305M |
| Cost & Expenses | $308M |
| OPERATING INCOME | -$98M |
| Interest Income | $582.0K |
| Interest Expense | $26M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | -$124M |
| Income Tax Expense | $268.0K |
| Net Income from Continuing Ops | -$124M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$124M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$124M |
| D&A | $789.0K |
| EBIT | -$98M |
| EBITDA | -$97M |
| EPS | -$25 |
| EPS Diluted | -$25 |
| Item | Amount |
|---|---|
| Net Income | -$124M |
| Depreciation & Amortization | $789.0K |
| Stock-Based Compensation | $30M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | -$107M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $6M |
| Purchases of Investments | -$45M |
| Sales/Maturities of Investments | $193M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | $142M |
| Net Debt Issuance | $60M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $74M |
| FREE CASH FLOW | -$113M |
| Net Change in Cash | $108M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $190M |
| Short-Term Investments | $38M |
| Net Receivables | $22M |
| Inventory | $4M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $276M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $30M |
| TOTAL ASSETS | $305M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $74M |
| Long-Term Debt | $169M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $133M |
| TOTAL NON-CURRENT LIABILITIES | $311M |
| TOTAL LIABILITIES | $385M |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $191.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$80M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$80M |
| TOTAL LIABILITIES & EQUITY | $305M |
| Total Debt | $181M |
| Net Debt | -$10M |
