| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $33M | — | $19M | — | 76.4% |
| Op. Income | -$134M | — | -$130M | — | -3.4% |
| Gross Margin | -270.7% | — | -476.5% | — | 205.8pp |
| Net Margin | -405.2% | — | -700.5% | — | 295.3pp |
| EPS (Diluted) | $-2.21 | — | $-3.59 | — | 38.4% |
| Free Cash Flow | -$134M | — | -$132M | — | -1.3% |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $123M |
| GROSS PROFIT | -$90M |
| R&D Expenses | $124M |
| Selling & Marketing | $0 |
| General & Administrative | $43M |
| SG&A Expenses | $43M |
| Other Expenses | -$123M |
| Operating Expenses | $45M |
| Cost & Expenses | $168M |
| OPERATING INCOME | -$134M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$132.0K |
| INCOME BEFORE TAX | -$135M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$135M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$135M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$135M |
| D&A | $3M |
| EBIT | -$132M |
| EBITDA | -$129M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$135M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$34M |
| OPERATING CASH FLOW | -$133M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$301M |
| Sales/Maturities of Investments | $130M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$172M |
| Net Debt Issuance | -$975.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $492.0K |
| NET CASH FROM FINANCING | $195M |
| FREE CASH FLOW | -$134M |
| Net Change in Cash | -$110M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $103M |
| Short-Term Investments | $212M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $328M |
| PP&E (Net) | $26M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $30M |
| TOTAL ASSETS | $358M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $222.0K |
| TOTAL CURRENT LIABILITIES | $36M |
| Long-Term Debt | $50M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $62M |
| TOTAL LIABILITIES | $98M |
| Common Stock | $52.0K |
| Additional Paid-In Capital | $772M |
| Retained Earnings | -$511M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$884.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $260M |
| Minority Interest | $0 |
| TOTAL EQUITY | $260M |
| TOTAL LIABILITIES & EQUITY | $358M |
| Total Debt | $69M |
| Net Debt | -$34M |
