| Metric | FY 2021 | Prior Q | FY 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $128M | — | $94M | — | 36.0% |
| Op. Income | -$234M | — | -$121M | — | -93.4% |
| Gross Margin | 17.8% | — | 21.6% | — | -3.8pp |
| Net Margin | -187.9% | — | -129.6% | — | -58.4pp |
| EPS (Diluted) | $-3.94 | — | $-2.21 | — | -78.3% |
| Free Cash Flow | -$154M | — | -$96M | — | -60.2% |
| Item | Amount |
|---|---|
| REVENUE | $128M |
| Cost of Revenue | $106M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $142M |
| General & Administrative | $73M |
| SG&A Expenses | $214M |
| Other Expenses | $42M |
| Operating Expenses | $257M |
| Cost & Expenses | $362M |
| OPERATING INCOME | -$234M |
| Interest Income | $400.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$234M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | -$241M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$241M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$241M |
| D&A | $4M |
| EBIT | -$234M |
| EBITDA | -$230M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$241M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $44M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $47M |
| OPERATING CASH FLOW | -$145M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $795M |
| Purchases of Investments | -$843M |
| Sales/Maturities of Investments | $47M |
| Other Investing Activities | -$795M |
| NET CASH FROM INVESTING | -$805M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $9M |
| NET CASH FROM FINANCING | $650M |
| FREE CASH FLOW | -$154M |
| Net Change in Cash | -$301M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $271M |
| Short-Term Investments | $802M |
| Net Receivables | $231M |
| Inventory | $0 |
| Other Current Assets | -$1.5B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $34M |
| Goodwill | $0 |
| Intangible Assets | $600.0K |
| Long-Term Investments | $802M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$836M |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $1.5B |
| Account Payables | $20M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$47M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $37M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$59M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $522M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$562M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $988M |
| Minority Interest | $0 |
| TOTAL EQUITY | $988M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $22M |
| Net Debt | -$248M |
