| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | — | $0 | — | — |
| Op. Income | -$216M | — | -$154M | — | -40.5% |
| EPS (Diluted) | $-1.34 | — | $-1.01 | — | -32.7% |
| Free Cash Flow | -$186M | — | -$118M | — | -58.0% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $4M |
| GROSS PROFIT | -$4M |
| R&D Expenses | $185M |
| Selling & Marketing | $0 |
| General & Administrative | $32M |
| SG&A Expenses | $32M |
| Other Expenses | -$4M |
| Operating Expenses | $213M |
| Cost & Expenses | $216M |
| OPERATING INCOME | -$216M |
| Interest Income | $10M |
| Interest Expense | $0 |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | -$207M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$207M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$207M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$207M |
| D&A | $3M |
| EBIT | -$216M |
| EBITDA | -$214M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$207M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$186M |
| Capital Expenditure | -$137.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$212M |
| Sales/Maturities of Investments | $402M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $190M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $238.0K |
| NET CASH FROM FINANCING | $109M |
| FREE CASH FLOW | -$186M |
| Net Change in Cash | $113M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $162M |
| Short-Term Investments | $76M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $242M |
| PP&E (Net) | $26M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $35M |
| TOTAL ASSETS | $278M |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $43M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $23M |
| TOTAL LIABILITIES | $66M |
| Common Stock | $149.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$917M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$29.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $212M |
| Minority Interest | $0 |
| TOTAL EQUITY | $212M |
| TOTAL LIABILITIES & EQUITY | $278M |
| Total Debt | $26M |
| Net Debt | -$136M |
