| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $68M | — | $62M | — | 9.5% |
| Op. Income | -$129M | — | -$99M | — | -30.9% |
| Gross Margin | 87.8% | — | 84.2% | — | 3.6pp |
| Net Margin | -175.9% | — | -170.6% | — | -5.3pp |
| EPS (Diluted) | $-23.50 | — | $-22.90 | — | -2.6% |
| Free Cash Flow | -$4M | — | -$97M | — | 95.6% |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $59M |
| R&D Expenses | $137M |
| Selling & Marketing | $0 |
| General & Administrative | $60M |
| SG&A Expenses | $60M |
| Other Expenses | -$8M |
| Operating Expenses | $188M |
| Cost & Expenses | $197M |
| OPERATING INCOME | -$129M |
| Interest Income | $3M |
| Interest Expense | $3M |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | -$117M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$119M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$119M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$119M |
| D&A | $8M |
| EBIT | -$113M |
| EBITDA | -$105M |
| EPS | -$24 |
| EPS Diluted | -$24 |
| Item | Amount |
|---|---|
| Net Income | -$119M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | $104M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $29M |
| Purchases of Investments | -$217M |
| Sales/Maturities of Investments | $189M |
| Other Investing Activities | -$29M |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $48M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $47M |
| Short-Term Investments | $287M |
| Net Receivables | $7M |
| Inventory | $0 |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $353M |
| PP&E (Net) | $51M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | -$32M |
| Tax Assets | $0 |
| Other Non-Current Assets | $35M |
| TOTAL NON-CURRENT ASSETS | $54M |
| TOTAL ASSETS | $407M |
| Account Payables | $5M |
| Short-Term Debt | $17M |
| Deferred Revenue | $17M |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $67M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $90M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $119.0K |
| TOTAL NON-CURRENT LIABILITIES | $123M |
| TOTAL LIABILITIES | $190M |
| Common Stock | $58.0K |
| Additional Paid-In Capital | $670M |
| Retained Earnings | -$453M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$618.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $217M |
| Minority Interest | $0 |
| TOTAL EQUITY | $217M |
| TOTAL LIABILITIES & EQUITY | $407M |
| Total Debt | $55M |
| Net Debt | $8M |
