| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $77M | — | $20M | — | 281.8% |
| Op. Income | -$114M | — | -$73M | — | -55.7% |
| Gross Margin | 44.1% | — | 37.4% | — | 6.7pp |
| Net Margin | -246.1% | — | -729.0% | — | 482.8pp |
| EPS (Diluted) | $-0.71 | — | $-0.55 | — | -28.8% |
| Free Cash Flow | -$110M | — | -$78M | — | -41.5% |
| Item | Amount |
|---|---|
| REVENUE | $77M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $34M |
| R&D Expenses | $111M |
| Selling & Marketing | $3M |
| General & Administrative | $35M |
| SG&A Expenses | $38M |
| Other Expenses | -$1M |
| Operating Expenses | $148M |
| Cost & Expenses | $191M |
| OPERATING INCOME | -$114M |
| Interest Income | $5M |
| Interest Expense | $522.2K |
| Other Income/Expenses | -$76M |
| INCOME BEFORE TAX | -$190M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$190M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$190M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$190M |
| D&A | $13M |
| EBIT | -$189M |
| EBITDA | -$177M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$190M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $48M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $85M |
| Change in Working Capital | -$53M |
| OPERATING CASH FLOW | -$98M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$516M |
| Sales/Maturities of Investments | $206M |
| Other Investing Activities | $316.5K |
| NET CASH FROM INVESTING | -$322M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $16M |
| NET CASH FROM FINANCING | $319M |
| FREE CASH FLOW | -$110M |
| Net Change in Cash | -$72M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $326M |
| Short-Term Investments | $333M |
| Net Receivables | $57M |
| Inventory | $23M |
| Other Current Assets | $203.5K |
| TOTAL CURRENT ASSETS | $741M |
| PP&E (Net) | $29M |
| Goodwill | $7M |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $437.2K |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $46M |
| TOTAL ASSETS | $787M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $21M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $53M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $868.4K |
| Deferred Tax Liabilities | $947.0K |
| Other Non-Current Liabilities | $1.0B |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $1.2K |
| Additional Paid-In Capital | $155M |
| Retained Earnings | -$604M |
| Treasury Stock | -$22M |
| Accum. Other Comp. Income | $108M |
| Other Equity | $58M |
| TOTAL STOCKHOLDERS' EQUITY | -$304M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$304M |
| TOTAL LIABILITIES & EQUITY | $787M |
| Total Debt | $10M |
| Net Debt | -$316M |
