| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $204M | — | $132M | — | 53.8% |
| Op. Income | -$235M | — | -$153M | — | -53.7% |
| Gross Margin | 41.4% | — | 39.1% | — | 2.3pp |
| Net Margin | -107.0% | — | -114.9% | — | 7.9pp |
| EPS (Diluted) | $-4.04 | — | $-3.15 | — | -28.3% |
| Free Cash Flow | -$226M | — | -$139M | — | -62.4% |
| Item | Amount |
|---|---|
| REVENUE | $204M |
| Cost of Revenue | $119M |
| GROSS PROFIT | $84M |
| R&D Expenses | $120M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $213M |
| Other Expenses | -$14M |
| Operating Expenses | $319M |
| Cost & Expenses | $438M |
| OPERATING INCOME | -$235M |
| Interest Income | $3M |
| Interest Expense | $80.0K |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | -$228M |
| Income Tax Expense | -$10M |
| Net Income from Continuing Ops | -$218M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$218M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$218M |
| D&A | $17M |
| EBIT | -$228M |
| EBITDA | -$212M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$218M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $80M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$124M |
| Capital Expenditure | -$102M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | -$218M |
| Sales/Maturities of Investments | $100M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$233M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | $271M |
| FREE CASH FLOW | -$226M |
| Net Change in Cash | -$87M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $379M |
| Short-Term Investments | $126M |
| Net Receivables | $40M |
| Inventory | $39M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $596M |
| PP&E (Net) | $214M |
| Goodwill | $86M |
| Intangible Assets | $60M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $365M |
| TOTAL ASSETS | $961M |
| Account Payables | $20M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $40M |
| TOTAL CURRENT LIABILITIES | $91M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $60.0K |
| TOTAL NON-CURRENT LIABILITIES | $81M |
| TOTAL LIABILITIES | $172M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$828M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $789M |
| Minority Interest | $0 |
| TOTAL EQUITY | $789M |
| TOTAL LIABILITIES & EQUITY | $961M |
| Total Debt | $95M |
| Net Debt | -$284M |
