| Metric | FY 2020 | Prior Q | FY 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $176M | — | $257M | — | -31.3% |
| Op. Income | -$192M | — | -$89M | — | -114.8% |
| Gross Margin | 95.0% | — | 99.6% | — | -4.6pp |
| Net Margin | -107.4% | — | -30.0% | — | -77.4pp |
| EPS (Diluted) | $-2.11 | — | $-0.89 | — | -137.1% |
| Free Cash Flow | $78M | — | -$84M | — | 191.9% |
| Item | Amount |
|---|---|
| REVENUE | $176M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $167M |
| R&D Expenses | $253M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $106M |
| Other Expenses | $0 |
| Operating Expenses | $359M |
| Cost & Expenses | $368M |
| OPERATING INCOME | -$192M |
| Interest Income | $6M |
| Interest Expense | $2M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$189M |
| Income Tax Expense | $360.0K |
| Net Income from Continuing Ops | -$189M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$189M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$189M |
| D&A | $22M |
| EBIT | -$186M |
| EBITDA | -$164M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$189M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $73M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $175M |
| OPERATING CASH FLOW | $82M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $468M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $452M |
| Net Debt Issuance | -$13M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | $13M |
| FREE CASH FLOW | $78M |
| Net Change in Cash | $552M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $678M |
| Short-Term Investments | $8M |
| Net Receivables | $42M |
| Inventory | $17M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $755M |
| PP&E (Net) | $63M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3M |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $72M |
| TOTAL ASSETS | $827M |
| Account Payables | $25M |
| Short-Term Debt | $0 |
| Deferred Revenue | $7M |
| Other Current Liabilities | $96M |
| TOTAL CURRENT LIABILITIES | $163M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $138M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $57M |
| TOTAL NON-CURRENT LIABILITIES | $222M |
| TOTAL LIABILITIES | $385M |
| Common Stock | $914.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$974M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $422M |
| Minority Interest | $19M |
| TOTAL EQUITY | $441M |
| TOTAL LIABILITIES & EQUITY | $827M |
| Total Debt | $40M |
| Net Debt | -$639M |
