| Metric | FY 2020 | Prior Q | FY 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $98M | — | $62M | — | 57.6% |
| Op. Income | -$131M | — | -$177M | — | 26.0% |
| Gross Margin | 100.0% | — | 100.0% | — | 0.0pp |
| Net Margin | -132.7% | — | -244.8% | — | 112.1pp |
| EPS (Diluted) | $-2.25 | — | $-3.16 | — | 28.8% |
| Free Cash Flow | -$118M | — | -$139M | — | 15.0% |
| Item | Amount |
|---|---|
| REVENUE | $98M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $98M |
| R&D Expenses | $193M |
| Selling & Marketing | $0 |
| General & Administrative | $43M |
| SG&A Expenses | $43M |
| Other Expenses | -$7M |
| Operating Expenses | $229M |
| Cost & Expenses | $229M |
| OPERATING INCOME | -$131M |
| Interest Income | $800.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$130M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$130M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$130M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$130M |
| D&A | $12M |
| EBIT | -$131M |
| EBITDA | -$119M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$130M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$260.0K |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | -$112M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$224M |
| Sales/Maturities of Investments | $222M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $174M |
| FREE CASH FLOW | -$118M |
| Net Change in Cash | $55M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $181M |
| Short-Term Investments | $91M |
| Net Receivables | $23M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $313M |
| PP&E (Net) | $62M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $66M |
| TOTAL ASSETS | $379M |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $51M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $32M |
| TOTAL LIABILITIES | $83M |
| Common Stock | $562.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$772M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $296M |
| Minority Interest | $0 |
| TOTAL EQUITY | $296M |
| TOTAL LIABILITIES & EQUITY | $379M |
| Total Debt | $29M |
| Net Debt | -$152M |
