| Metric | FY 2019 | Prior Q | FY 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $104M | — | $51M | — | 101.4% |
| Op. Income | -$424M | — | -$371M | — | -14.2% |
| Gross Margin | 91.3% | — | 97.8% | — | -6.5pp |
| Net Margin | -388.3% | — | -383.7% | — | -4.6pp |
| EPS (Diluted) | $-7.12 | — | $-3.97 | — | -79.3% |
| Free Cash Flow | -$370M | — | -$295M | — | -25.6% |
| Item | Amount |
|---|---|
| REVENUE | $104M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $95M |
| R&D Expenses | $357M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $162M |
| Other Expenses | $0 |
| Operating Expenses | $519M |
| Cost & Expenses | $528M |
| OPERATING INCOME | -$424M |
| Interest Income | $13M |
| Interest Expense | $1M |
| Other Income/Expenses | $25M |
| INCOME BEFORE TAX | -$399M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$403M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$403M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$403M |
| D&A | $9M |
| EBIT | -$398M |
| EBITDA | -$390M |
| EPS | -$7 |
| EPS Diluted | -$7 |
| Item | Amount |
|---|---|
| Net Income | -$403M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $82M |
| Deferred Income Tax | -$19M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | -$345M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | -$12M |
| Purchases of Investments | -$707M |
| Sales/Maturities of Investments | $719M |
| Other Investing Activities | $12M |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $324M |
| NET CASH FROM FINANCING | $679M |
| FREE CASH FLOW | -$370M |
| Net Change in Cash | $321M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $434M |
| Short-Term Investments | $322M |
| Net Receivables | $33M |
| Inventory | $12M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $851M |
| PP&E (Net) | $75M |
| Goodwill | $44M |
| Intangible Assets | $129M |
| Long-Term Investments | $33M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $284M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $103M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $33M |
| Other Non-Current Liabilities | $315M |
| TOTAL NON-CURRENT LIABILITIES | $378M |
| TOTAL LIABILITIES | $482M |
| Common Stock | $58.0K |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | -$1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$147.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $654M |
| Minority Interest | $0 |
| TOTAL EQUITY | $654M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $37M |
| Net Debt | -$397M |
