| Metric | FY 2020 | Prior Q | FY 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $271M | — | $104M | — | 161.3% |
| Op. Income | -$330M | — | -$424M | — | 22.2% |
| Gross Margin | 97.7% | — | 91.3% | — | 6.4pp |
| Net Margin | -68.8% | — | -388.3% | — | 319.5pp |
| EPS (Diluted) | $-3.07 | — | $-7.12 | — | 56.9% |
| Free Cash Flow | -$176M | — | -$370M | — | 52.4% |
| Item | Amount |
|---|---|
| REVENUE | $271M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $265M |
| R&D Expenses | $412M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $183M |
| Other Expenses | $0 |
| Operating Expenses | $595M |
| Cost & Expenses | $601M |
| OPERATING INCOME | -$330M |
| Interest Income | $7M |
| Interest Expense | $33M |
| Other Income/Expenses | $145M |
| INCOME BEFORE TAX | -$185M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$187M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$187M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$187M |
| D&A | $12M |
| EBIT | -$152M |
| EBITDA | -$140M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$187M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $86M |
| Deferred Income Tax | -$170M |
| Other Non-Cash Items | $21M |
| Change in Working Capital | $105M |
| OPERATING CASH FLOW | -$132M |
| Capital Expenditure | -$44M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$850M |
| Sales/Maturities of Investments | $721M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$179M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $89M |
| NET CASH FROM FINANCING | $600M |
| FREE CASH FLOW | -$176M |
| Net Change in Cash | $290M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $714M |
| Short-Term Investments | $488M |
| Net Receivables | $23M |
| Inventory | $13M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $114M |
| Goodwill | $44M |
| Intangible Assets | $131M |
| Long-Term Investments | $166M |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $464M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $59M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $190M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $33M |
| Other Non-Current Liabilities | $336M |
| TOTAL NON-CURRENT LIABILITIES | $416M |
| TOTAL LIABILITIES | $605M |
| Common Stock | $67.0K |
| Additional Paid-In Capital | $2.8B |
| Retained Earnings | -$1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $689.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $48M |
| Net Debt | -$665M |
