| Metric | FY 2021 | Prior Q | FY 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $145M | — | $33M | — | 336.3% |
| Op. Income | -$64M | — | -$88M | — | 26.8% |
| Gross Margin | 100.0% | — | -172.7% | — | 272.7pp |
| Net Margin | -45.2% | — | -268.3% | — | 223.1pp |
| EPS (Diluted) | $-14.30 | — | $-22.34 | — | 36.0% |
| Free Cash Flow | -$3M | — | -$94M | — | 96.9% |
| Item | Amount |
|---|---|
| REVENUE | $145M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $145M |
| R&D Expenses | $142M |
| Selling & Marketing | $0 |
| General & Administrative | $69M |
| SG&A Expenses | $69M |
| Other Expenses | -$2M |
| Operating Expenses | $209M |
| Cost & Expenses | $209M |
| OPERATING INCOME | -$64M |
| Interest Income | $3M |
| Interest Expense | $3M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$66M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$66M |
| D&A | $6M |
| EBIT | -$63M |
| EBITDA | -$57M |
| EPS | -$14 |
| EPS Diluted | -$14 |
| Item | Amount |
|---|---|
| Net Income | -$66M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $42M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$96M |
| Sales/Maturities of Investments | $170M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $64M |
| Net Debt Issuance | -$948.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $72M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $180M |
| Short-Term Investments | $111M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $304M |
| PP&E (Net) | $36M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $495.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $51M |
| TOTAL ASSETS | $355M |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $17M |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $82M |
| Long-Term Debt | $25M |
| Deferred Revenue NC | $87M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $141M |
| TOTAL LIABILITIES | $223M |
| Common Stock | $92.0K |
| Additional Paid-In Capital | $746M |
| Retained Earnings | -$614M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$60.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $132M |
| Minority Interest | $0 |
| TOTAL EQUITY | $132M |
| TOTAL LIABILITIES & EQUITY | $355M |
| Total Debt | $49M |
| Net Debt | -$131M |
