| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | — | $243.0K | — | 6978.2% |
| Op. Income | -$45M | — | -$24M | — | -86.4% |
| Gross Margin | 89.9% | — | -59.3% | — | 149.2pp |
| Net Margin | -253.4% | — | -8823.9% | — | 8570.4pp |
| EPS (Diluted) | $-1.16 | — | $-3.62 | — | 68.0% |
| Free Cash Flow | $16M | — | $21M | — | -26.3% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $15M |
| R&D Expenses | $43M |
| Selling & Marketing | $0 |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | -$2M |
| Operating Expenses | $60M |
| Cost & Expenses | $62M |
| OPERATING INCOME | -$45M |
| Interest Income | $3M |
| Interest Expense | $98.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$41M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$44M |
| D&A | $2M |
| EBIT | -$41M |
| EBITDA | -$39M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$44M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $135.0K |
| Change in Working Capital | $69M |
| OPERATING CASH FLOW | $30M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$215M |
| Sales/Maturities of Investments | $107M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$122M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $240M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | $147M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $184M |
| Short-Term Investments | $178M |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $367M |
| PP&E (Net) | $33M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $48M |
| TOTAL ASSETS | $414M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $34M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $49M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $76M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $347M |
| TOTAL NON-CURRENT LIABILITIES | $440M |
| TOTAL LIABILITIES | $489M |
| Common Stock | $3M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$77M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$274.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$74M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$74M |
| TOTAL LIABILITIES & EQUITY | $414M |
| Total Debt | $19M |
| Net Debt | -$166M |
