| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $764M | — | $612M | — | 25.0% |
| Op. Income | -$82M | — | -$136M | — | 39.7% |
| Gross Margin | 69.6% | — | 69.4% | — | 0.2pp |
| Net Margin | -18.8% | — | -26.5% | — | 7.7pp |
| EPS (Diluted) | $-0.96 | — | $-1.13 | — | 15.0% |
| Free Cash Flow | $3M | — | -$138M | — | 102.0% |
| Item | Amount |
|---|---|
| REVENUE | $764M |
| Cost of Revenue | $232M |
| GROSS PROFIT | $532M |
| R&D Expenses | $76M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $499M |
| Other Expenses | $39M |
| Operating Expenses | $614M |
| Cost & Expenses | $846M |
| OPERATING INCOME | -$82M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | -$61M |
| INCOME BEFORE TAX | -$143M |
| Income Tax Expense | -$45.0K |
| Net Income from Continuing Ops | -$143M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$143M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$143M |
| D&A | $83M |
| EBIT | -$122M |
| EBITDA | -$40M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$143M |
| Depreciation & Amortization | $105M |
| Stock-Based Compensation | $74M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $30M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $45M |
| Capital Expenditure | -$42M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$53M |
| Net Debt Issuance | $75M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$45M |
| NET CASH FROM FINANCING | $30M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $161M |
| Short-Term Investments | $0 |
| Net Receivables | $97M |
| Inventory | $169M |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $451M |
| PP&E (Net) | $167M |
| Goodwill | $75M |
| Intangible Assets | $93M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $340M |
| TOTAL ASSETS | $791M |
| Account Payables | $41M |
| Short-Term Debt | $71M |
| Deferred Revenue | $10M |
| Other Current Liabilities | $64M |
| TOTAL CURRENT LIABILITIES | $219M |
| Long-Term Debt | $525M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$15M |
| TOTAL NON-CURRENT LIABILITIES | $536M |
| TOTAL LIABILITIES | $755M |
| Common Stock | $15.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$1.4B |
| Treasury Stock | -$25M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $36M |
| Minority Interest | $0 |
| TOTAL EQUITY | $36M |
| TOTAL LIABILITIES & EQUITY | $791M |
| Total Debt | $620M |
| Net Debt | $459M |
