| Metric | FY 2021 | Prior Q | FY 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $235M | — | $176M | — | 33.5% |
| Op. Income | -$289M | — | -$192M | — | -50.4% |
| Gross Margin | -90.9% | — | 95.0% | — | -185.9pp |
| Net Margin | -123.3% | — | -107.4% | — | -15.9pp |
| EPS (Diluted) | $-3.15 | — | $-2.11 | — | -49.3% |
| Free Cash Flow | -$112M | — | $78M | — | -244.9% |
| Item | Amount |
|---|---|
| REVENUE | $235M |
| Cost of Revenue | $449M |
| GROSS PROFIT | -$214M |
| R&D Expenses | $387M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$312M |
| Operating Expenses | $75M |
| Cost & Expenses | $524M |
| OPERATING INCOME | -$289M |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$290M |
| Income Tax Expense | $347.0K |
| Net Income from Continuing Ops | -$290M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$290M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$290M |
| D&A | $15M |
| EBIT | -$349M |
| EBITDA | -$334M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$290M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $71M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $62M |
| Change in Working Capital | $60M |
| OPERATING CASH FLOW | -$82M |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$484M |
| Sales/Maturities of Investments | $87M |
| Other Investing Activities | -$25M |
| NET CASH FROM INVESTING | -$427M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$563.0K |
| FREE CASH FLOW | -$112M |
| Net Change in Cash | -$507M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $171M |
| Short-Term Investments | $234M |
| Net Receivables | $25M |
| Inventory | $31M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $474M |
| PP&E (Net) | $119M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $172M |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $300M |
| TOTAL ASSETS | $774M |
| Account Payables | $26M |
| Short-Term Debt | $0 |
| Deferred Revenue | $19M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $225M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $187M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $44M |
| TOTAL NON-CURRENT LIABILITIES | $319M |
| TOTAL LIABILITIES | $545M |
| Common Stock | $929.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $209M |
| Minority Interest | $20M |
| TOTAL EQUITY | $229M |
| TOTAL LIABILITIES & EQUITY | $774M |
| Total Debt | $100M |
| Net Debt | -$72M |
