| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | — | $15M | — | -66.7% |
| Op. Income | -$60M | — | -$43M | — | -38.5% |
| Gross Margin | 100.0% | — | 100.0% | — | 0.0pp |
| Net Margin | -1167.8% | — | -285.7% | — | -882.1pp |
| EPS (Diluted) | $-1.35 | — | $-1.02 | — | -32.4% |
| Free Cash Flow | -$53M | — | -$33M | — | -58.7% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $5M |
| R&D Expenses | $40M |
| Selling & Marketing | $9M |
| General & Administrative | $16M |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $65M |
| Cost & Expenses | $65M |
| OPERATING INCOME | -$60M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$58M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$58M |
| D&A | $89.0K |
| EBIT | -$58M |
| EBITDA | -$58M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$58M |
| Depreciation & Amortization | $89.0K |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $44.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$52M |
| Capital Expenditure | -$272.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$86M |
| Sales/Maturities of Investments | $29M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$57M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $458.0K |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$53M |
| Net Change in Cash | -$107M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $57M |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $72M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $74M |
| Account Payables | $2M |
| Short-Term Debt | $495.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $808.0K |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $8M |
| Common Stock | $274M |
| Additional Paid-In Capital | $24M |
| Retained Earnings | -$266M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $34M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $66M |
| Minority Interest | $0 |
| TOTAL EQUITY | $66M |
| TOTAL LIABILITIES & EQUITY | $74M |
| Total Debt | $2M |
| Net Debt | -$5M |
