| Metric | FY 2021 | Prior Q | FY 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | — | $8M | — | 383.8% |
| Op. Income | -$58M | — | -$52M | — | -11.5% |
| Gross Margin | 100.0% | — | 78.8% | — | 21.2pp |
| Net Margin | -157.2% | — | -678.8% | — | 521.6pp |
| EPS (Diluted) | $-0.94 | — | $-1.62 | — | 42.0% |
| Free Cash Flow | -$61M | — | $69M | — | -189.0% |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $37M |
| R&D Expenses | $78M |
| Selling & Marketing | $0 |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $95M |
| Cost & Expenses | $95M |
| OPERATING INCOME | -$58M |
| Interest Income | $495.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $247.0K |
| INCOME BEFORE TAX | -$58M |
| Income Tax Expense | $292.0K |
| Net Income from Continuing Ops | -$58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$58M |
| D&A | $897.0K |
| EBIT | -$58M |
| EBITDA | -$57M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$58M |
| Depreciation & Amortization | $897.0K |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | -$60M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$372M |
| Sales/Maturities of Investments | $191M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$183M |
| Net Debt Issuance | $342M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$15M |
| NET CASH FROM FINANCING | $357M |
| FREE CASH FLOW | -$61M |
| Net Change in Cash | $114M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $143M |
| Short-Term Investments | $343M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $567.0K |
| TOTAL CURRENT ASSETS | $492M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $500M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $26M |
| Other Current Liabilities | $666.0K |
| TOTAL CURRENT LIABILITIES | $41M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $115M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $115M |
| TOTAL LIABILITIES | $155M |
| Common Stock | $88.0K |
| Additional Paid-In Capital | $507M |
| Retained Earnings | -$161M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$765.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $345M |
| Minority Interest | $0 |
| TOTAL EQUITY | $345M |
| TOTAL LIABILITIES & EQUITY | $500M |
| Total Debt | $2M |
| Net Debt | -$141M |
