| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $54M | — | — | — | — |
| Op. Income | -$472M | — | — | — | — |
| Gross Margin | 88.3% | — | — | — | — |
| Net Margin | -764.0% | — | — | — | — |
| EPS (Diluted) | $-7.12 | — | — | — | — |
| Free Cash Flow | -$377M | — | -$392M | — | 3.6% |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $48M |
| R&D Expenses | $340M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $180M |
| Other Expenses | $0 |
| Operating Expenses | $520M |
| Cost & Expenses | $526M |
| OPERATING INCOME | -$472M |
| Interest Income | $56M |
| Interest Expense | $0 |
| Other Income/Expenses | $58M |
| INCOME BEFORE TAX | -$414M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$413M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$413M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$413M |
| D&A | $5M |
| EBIT | -$472M |
| EBITDA | -$467M |
| EPS | -$7 |
| EPS Diluted | -$7 |
| Item | Amount |
|---|---|
| Net Income | -$413M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $53M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $15M |
| Change in Working Capital | -$33M |
| OPERATING CASH FLOW | -$373M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$642M |
| Sales/Maturities of Investments | $1.0B |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | $377M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | -$377M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $89M |
| Short-Term Investments | $765M |
| Net Receivables | $11M |
| Inventory | $33M |
| Other Current Assets | $44M |
| TOTAL CURRENT ASSETS | $942M |
| PP&E (Net) | $41M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $310M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $355M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $18M |
| Short-Term Debt | $18M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $82M |
| Long-Term Debt | $22M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$22M |
| TOTAL NON-CURRENT LIABILITIES | $22M |
| TOTAL LIABILITIES | $104M |
| Common Stock | $75.0K |
| Additional Paid-In Capital | $2.6B |
| Retained Earnings | -$562M |
| Treasury Stock | -$802M |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $62M |
| Net Debt | -$27M |
