| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $39M | — | $30M | — | 29.8% |
| Op. Income | -$184M | — | -$118M | — | -56.0% |
| Gross Margin | -377.6% | — | -291.4% | — | -86.3pp |
| Net Margin | -466.9% | — | -393.9% | — | -73.0pp |
| EPS (Diluted) | $-3.71 | — | $-2.73 | — | -35.9% |
| Free Cash Flow | -$172M | — | -$90M | — | -91.1% |
| Item | Amount |
|---|---|
| REVENUE | $39M |
| Cost of Revenue | $184M |
| GROSS PROFIT | -$146M |
| R&D Expenses | $184M |
| Selling & Marketing | $0 |
| General & Administrative | $38M |
| SG&A Expenses | $38M |
| Other Expenses | -$184M |
| Operating Expenses | $38M |
| Cost & Expenses | $222M |
| OPERATING INCOME | -$184M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$180M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$180M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$180M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$180M |
| D&A | $4M |
| EBIT | -$184M |
| EBITDA | -$180M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$180M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $636.0K |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | -$160M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | -$39M |
| Purchases of Investments | -$239M |
| Sales/Maturities of Investments | $279M |
| Other Investing Activities | $39M |
| NET CASH FROM INVESTING | $27M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $98M |
| NET CASH FROM FINANCING | $117M |
| FREE CASH FLOW | -$172M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $64M |
| Short-Term Investments | $245M |
| Net Receivables | $1M |
| Inventory | -$1M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $318M |
| PP&E (Net) | $30M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $64M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $98M |
| TOTAL ASSETS | $417M |
| Account Payables | $5M |
| Short-Term Debt | $6M |
| Deferred Revenue | $38M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $71M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $36M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $42M |
| TOTAL LIABILITIES | $113M |
| Common Stock | $47.0K |
| Additional Paid-In Capital | $709M |
| Retained Earnings | -$401M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $304M |
| Minority Interest | $0 |
| TOTAL EQUITY | $304M |
| TOTAL LIABILITIES & EQUITY | $417M |
| Total Debt | $12M |
| Net Debt | -$53M |
