| Metric | FY 2019 | Prior Q | FY 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $35M | — | $28M | — | 22.1% |
| Op. Income | -$72M | — | -$100M | — | 28.3% |
| Gross Margin | 100.0% | — | -239.5% | — | 339.5pp |
| Net Margin | -203.7% | — | -350.0% | — | 146.3pp |
| EPS (Diluted) | $-24.81 | — | $-48.57 | — | 48.9% |
| Free Cash Flow | -$78M | — | -$65M | — | -19.6% |
| Item | Amount |
|---|---|
| REVENUE | $35M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $35M |
| R&D Expenses | $80M |
| Selling & Marketing | $0 |
| General & Administrative | $25M |
| SG&A Expenses | $25M |
| Other Expenses | $1M |
| Operating Expenses | $106M |
| Cost & Expenses | $106M |
| OPERATING INCOME | -$72M |
| Interest Income | $1M |
| Interest Expense | $502.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$70M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$70M |
| D&A | $8M |
| EBIT | -$70M |
| EBITDA | -$62M |
| EPS | -$25 |
| EPS Diluted | -$25 |
| Item | Amount |
|---|---|
| Net Income | -$70M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $103.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | -$77M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $30M |
| Purchases of Investments | -$46M |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | -$30M |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | $25M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $16.0K |
| NET CASH FROM FINANCING | $86M |
| FREE CASH FLOW | -$78M |
| Net Change in Cash | -$21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $65M |
| Short-Term Investments | $30M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $100M |
| PP&E (Net) | $31M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $32M |
| TOTAL ASSETS | $132M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $26M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $46M |
| Long-Term Debt | $25M |
| Deferred Revenue NC | $94M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $502.0K |
| TOTAL NON-CURRENT LIABILITIES | $135M |
| TOTAL LIABILITIES | $181M |
| Common Stock | $70.0K |
| Additional Paid-In Capital | $411M |
| Retained Earnings | -$460M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$48M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$48M |
| TOTAL LIABILITIES & EQUITY | $132M |
| Total Debt | $45M |
| Net Debt | -$20M |
