| Metric | FY 2021 | Prior Q | FY 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19M | — | $15M | — | 22.2% |
| Op. Income | -$130M | — | -$87M | — | -49.5% |
| Gross Margin | -476.5% | — | -380.8% | — | -95.6pp |
| Net Margin | -700.5% | — | -561.5% | — | -139.0pp |
| EPS (Diluted) | $-3.59 | — | $-2.77 | — | -29.6% |
| Free Cash Flow | -$132M | — | -$64M | — | -105.2% |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $108M |
| GROSS PROFIT | -$90M |
| R&D Expenses | $108M |
| Selling & Marketing | $0 |
| General & Administrative | $40M |
| SG&A Expenses | $40M |
| Other Expenses | -$108M |
| Operating Expenses | $40M |
| Cost & Expenses | $149M |
| OPERATING INCOME | -$130M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$132M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$132M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$132M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$132M |
| D&A | $3M |
| EBIT | -$130M |
| EBITDA | -$127M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$132M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$28M |
| OPERATING CASH FLOW | -$127M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$60M |
| Sales/Maturities of Investments | $200M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $134M |
| Net Debt Issuance | $25M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | $45M |
| FREE CASH FLOW | -$132M |
| Net Change in Cash | $52M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $213M |
| Short-Term Investments | $40M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $265M |
| PP&E (Net) | $35M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $39M |
| TOTAL ASSETS | $304M |
| Account Payables | $4M |
| Short-Term Debt | $9M |
| Deferred Revenue | $33M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $64M |
| Long-Term Debt | $48M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $68M |
| TOTAL LIABILITIES | $132M |
| Common Stock | $35.0K |
| Additional Paid-In Capital | $548M |
| Retained Earnings | -$376M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$35.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $172M |
| Minority Interest | $0 |
| TOTAL EQUITY | $172M |
| TOTAL LIABILITIES & EQUITY | $304M |
| Total Debt | $84M |
| Net Debt | -$128M |
