| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $76M | — | — | — | — |
| Op. Income | -$281M | — | — | — | — |
| Gross Margin | -27.8% | — | — | — | — |
| Net Margin | -380.5% | — | — | — | — |
| EPS (Diluted) | $-1.08 | — | — | — | — |
| Free Cash Flow | -$303M | — | -$241M | — | -25.8% |
| Item | Amount |
|---|---|
| REVENUE | $76M |
| Cost of Revenue | $96M |
| GROSS PROFIT | -$21M |
| R&D Expenses | $118M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $132M |
| Other Expenses | $11M |
| Operating Expenses | $260M |
| Cost & Expenses | $357M |
| OPERATING INCOME | -$281M |
| Interest Income | $19M |
| Interest Expense | $37M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | -$297M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$288M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$288M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$288M |
| D&A | $10M |
| EBIT | -$281M |
| EBITDA | -$272M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$288M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | -$286.0K |
| Other Non-Cash Items | $32M |
| Change in Working Capital | -$52M |
| OPERATING CASH FLOW | -$284M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$243M |
| Sales/Maturities of Investments | $428M |
| Other Investing Activities | -$27M |
| NET CASH FROM INVESTING | $158M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | -$303M |
| Net Change in Cash | -$123M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $104M |
| Short-Term Investments | $197M |
| Net Receivables | $75M |
| Inventory | $33M |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $436M |
| PP&E (Net) | $129M |
| Goodwill | $0 |
| Intangible Assets | $20M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $153M |
| TOTAL ASSETS | $589M |
| Account Payables | $3M |
| Short-Term Debt | $15M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $56M |
| TOTAL CURRENT LIABILITIES | $73M |
| Long-Term Debt | $270M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $477.0K |
| TOTAL NON-CURRENT LIABILITIES | $337M |
| TOTAL LIABILITIES | $411M |
| Common Stock | $12.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $178M |
| Minority Interest | $0 |
| TOTAL EQUITY | $178M |
| TOTAL LIABILITIES & EQUITY | $589M |
| Total Debt | $352M |
| Net Debt | $247M |
