| Metric | FY 2021 | Prior Q | FY 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | — | $171M | — | -78.1% |
| Op. Income | -$74M | — | $27M | — | -368.8% |
| Gross Margin | -97.2% | — | 36.4% | — | -133.7pp |
| Net Margin | -190.3% | — | 21.5% | — | -211.8pp |
| EPS (Diluted) | $-1.75 | — | $0.98 | — | -278.6% |
| Free Cash Flow | -$55M | — | -$109M | — | 49.3% |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $74M |
| GROSS PROFIT | -$36M |
| R&D Expenses | $74M |
| Selling & Marketing | $0 |
| General & Administrative | $37M |
| SG&A Expenses | $37M |
| Other Expenses | -$74M |
| Operating Expenses | $37M |
| Cost & Expenses | $111M |
| OPERATING INCOME | -$74M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$71M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$71M |
| D&A | $5M |
| EBIT | -$74M |
| EBITDA | -$68M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$71M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$54M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $83M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $66M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $612.0K |
| FREE CASH FLOW | -$55M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $117M |
| Short-Term Investments | $15M |
| Net Receivables | $748.0K |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $137M |
| PP&E (Net) | $55M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $57M |
| TOTAL ASSETS | $194M |
| Account Payables | $574.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $34M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $51M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $8M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $48M |
| TOTAL LIABILITIES | $99M |
| Common Stock | $38.0K |
| Additional Paid-In Capital | $442M |
| Retained Earnings | -$347M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$138.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $95M |
| Minority Interest | $0 |
| TOTAL EQUITY | $95M |
| TOTAL LIABILITIES & EQUITY | $194M |
| Total Debt | $44M |
| Net Debt | -$73M |
