| Metric | FY 2021 | Prior Q | FY 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $38M | — | $16M | — | 142.2% |
| Op. Income | -$73M | — | -$63M | — | -16.3% |
| Gross Margin | 100.0% | — | 100.0% | — | 0.0pp |
| Net Margin | -211.0% | — | -372.6% | — | 161.6pp |
| EPS (Diluted) | $-1.63 | — | $-1.43 | — | -14.0% |
| Free Cash Flow | -$66M | — | -$101M | — | 34.9% |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $38M |
| R&D Expenses | $67M |
| Selling & Marketing | $0 |
| General & Administrative | $44M |
| SG&A Expenses | $44M |
| Other Expenses | $0 |
| Operating Expenses | $110M |
| Cost & Expenses | $110M |
| OPERATING INCOME | -$73M |
| Interest Income | $212.0K |
| Interest Expense | $288.0K |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | -$80M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$80M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$80M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$80M |
| D&A | $8M |
| EBIT | -$79M |
| EBITDA | -$71M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$80M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $31M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$55M |
| Acquisitions (Net) | -$7M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$62M |
| Net Debt Issuance | -$1.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$66M |
| Net Change in Cash | -$72M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $138M |
| Short-Term Investments | $0 |
| Net Receivables | $35M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $183M |
| PP&E (Net) | $126M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $7M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $137M |
| TOTAL ASSETS | $320M |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $22M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $68M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $43M |
| Deferred Tax Liabilities | $196.0K |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $67M |
| TOTAL LIABILITIES | $135M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $529M |
| Retained Earnings | -$341M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $185M |
| Minority Interest | $0 |
| TOTAL EQUITY | $185M |
| TOTAL LIABILITIES & EQUITY | $320M |
| Total Debt | $24M |
| Net Debt | -$114M |
