| Metric | FY 2021 | Prior Q | FY 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $351M | — | $271M | — | 29.7% |
| Op. Income | -$382M | — | -$330M | — | -15.6% |
| Gross Margin | 95.4% | — | 97.7% | — | -2.3pp |
| Net Margin | -129.2% | — | -68.8% | — | -60.4pp |
| EPS (Diluted) | $-6.70 | — | $-3.07 | — | -118.2% |
| Free Cash Flow | -$412M | — | -$176M | — | -133.8% |
| Item | Amount |
|---|---|
| REVENUE | $351M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $335M |
| R&D Expenses | $497M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $220M |
| Other Expenses | $0 |
| Operating Expenses | $717M |
| Cost & Expenses | $733M |
| OPERATING INCOME | -$382M |
| Interest Income | $2M |
| Interest Expense | $29M |
| Other Income/Expenses | -$71M |
| INCOME BEFORE TAX | -$453M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$454M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$454M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$454M |
| D&A | $13M |
| EBIT | -$424M |
| EBITDA | -$410M |
| EPS | -$7 |
| EPS Diluted | -$7 |
| Item | Amount |
|---|---|
| Net Income | -$454M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $105M |
| Deferred Income Tax | $49M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$63M |
| OPERATING CASH FLOW | -$339M |
| Capital Expenditure | -$73M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.0B |
| Sales/Maturities of Investments | $891M |
| Other Investing Activities | -$942.0K |
| NET CASH FROM INVESTING | -$195M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $40M |
| NET CASH FROM FINANCING | $119M |
| FREE CASH FLOW | -$412M |
| Net Change in Cash | -$417M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $308M |
| Short-Term Investments | $433M |
| Net Receivables | $28M |
| Inventory | $16M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $857M |
| PP&E (Net) | $176M |
| Goodwill | $44M |
| Intangible Assets | $131M |
| Long-Term Investments | $294M |
| Tax Assets | $0 |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $666M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $17M |
| Short-Term Debt | $0 |
| Deferred Revenue | $8M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $181M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $33M |
| Other Non-Current Liabilities | $353M |
| TOTAL NON-CURRENT LIABILITIES | $418M |
| TOTAL LIABILITIES | $600M |
| Common Stock | $69.0K |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | -$2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $923M |
| Minority Interest | $0 |
| TOTAL EQUITY | $923M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $42M |
| Net Debt | -$266M |
