| Metric | FY 2021 | Prior Q | FY 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $490M | — | $299M | — | 64.1% |
| Op. Income | -$53M | — | -$85M | — | 38.0% |
| Gross Margin | 84.9% | — | 80.4% | — | 4.5pp |
| Net Margin | -11.9% | — | -181.6% | — | 169.7pp |
| EPS (Diluted) | $-0.53 | — | $-5.37 | — | 90.1% |
| Free Cash Flow | -$123M | — | -$256M | — | 52.1% |
| Item | Amount |
|---|---|
| REVENUE | $490M |
| Cost of Revenue | $74M |
| GROSS PROFIT | $416M |
| R&D Expenses | $212M |
| Selling & Marketing | $5M |
| General & Administrative | $253M |
| SG&A Expenses | $258M |
| Other Expenses | $0 |
| Operating Expenses | $469M |
| Cost & Expenses | $543M |
| OPERATING INCOME | -$53M |
| Interest Income | $206.0K |
| Interest Expense | $866.0K |
| Other Income/Expenses | -$802.0K |
| INCOME BEFORE TAX | -$54M |
| Income Tax Expense | $5M |
| 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 | $28M |
| EBIT | -$53M |
| EBITDA | -$25M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$58M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $96M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $79.0K |
| Change in Working Capital | -$87M |
| OPERATING CASH FLOW | -$21M |
| Capital Expenditure | -$101M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$107M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $35M |
| FREE CASH FLOW | -$123M |
| Net Change in Cash | -$93M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $587M |
| Short-Term Investments | $0 |
| Net Receivables | $85M |
| Inventory | $60M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $748M |
| PP&E (Net) | $230M |
| Goodwill | $5M |
| Intangible Assets | $25M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $271M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $17M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $41M |
| TOTAL CURRENT LIABILITIES | $110M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $91M |
| TOTAL LIABILITIES | $201M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$863M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $22.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $818M |
| Minority Interest | $0 |
| TOTAL EQUITY | $818M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $82M |
| Net Debt | -$505M |
