| Metric | FY 2021 | Prior Q | FY 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $131M | — | $79M | — | 65.4% |
| Op. Income | -$210M | — | -$104M | — | -101.6% |
| Gross Margin | 45.1% | — | 41.3% | — | 3.8pp |
| Net Margin | -138.9% | — | 37.3% | — | -176.1pp |
| EPS (Diluted) | $-0.89 | — | $0.17 | — | -623.5% |
| Free Cash Flow | -$117M | — | $18M | — | -734.3% |
| Item | Amount |
|---|---|
| REVENUE | $131M |
| Cost of Revenue | $72M |
| GROSS PROFIT | $59M |
| R&D Expenses | $113M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $124M |
| Other Expenses | $32M |
| Operating Expenses | $269M |
| Cost & Expenses | $341M |
| OPERATING INCOME | -$210M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$64M |
| INCOME BEFORE TAX | -$275M |
| Income Tax Expense | -$94M |
| Net Income from Continuing Ops | -$181M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$181M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$181M |
| D&A | $12M |
| EBIT | -$262M |
| EBITDA | -$251M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$181M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $81M |
| Deferred Income Tax | -$94M |
| Other Non-Cash Items | $50M |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | -$111M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$320M |
| Purchases of Investments | -$988M |
| Sales/Maturities of Investments | $635M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$679M |
| Net Debt Issuance | $895M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$20M |
| NET CASH FROM FINANCING | $1.2B |
| FREE CASH FLOW | -$117M |
| Net Change in Cash | $380M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $461M |
| Short-Term Investments | $584M |
| Net Receivables | $24M |
| Inventory | $25M |
| Other Current Assets | $500.0K |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $79M |
| Goodwill | $410M |
| Intangible Assets | $411M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $906M |
| TOTAL ASSETS | $2.0B |
| Account Payables | $11M |
| Short-Term Debt | $2M |
| Deferred Revenue | $11M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $72M |
| Long-Term Debt | $896M |
| Deferred Revenue NC | $25M |
| Deferred Tax Liabilities | -$25M |
| Other Non-Current Liabilities | $198M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $221.0K |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $791M |
| Minority Interest | $0 |
| TOTAL EQUITY | $791M |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $955M |
| Net Debt | $495M |
