| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $484M | — | $490M | — | -1.2% |
| Op. Income | -$35M | — | -$46M | — | 22.8% |
| Gross Margin | 62.4% | — | 61.6% | — | 0.7pp |
| Net Margin | -6.8% | — | -7.6% | — | 0.8pp |
| EPS (Diluted) | $-0.19 | — | $-0.21 | — | 9.5% |
| Free Cash Flow | -$13M | — | -$3M | — | -377.7% |
| Item | Amount |
|---|---|
| REVENUE | $484M |
| Cost of Revenue | $182M |
| GROSS PROFIT | $302M |
| R&D Expenses | $0 |
| Selling & Marketing | $84M |
| General & Administrative | $253M |
| SG&A Expenses | $337M |
| Other Expenses | $0 |
| Operating Expenses | $337M |
| Cost & Expenses | $519M |
| OPERATING INCOME | -$35M |
| Interest Income | $5M |
| Interest Expense | $3M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$33M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$33M |
| D&A | $11M |
| EBIT | -$30M |
| EBITDA | -$19M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$33M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$225.0K |
| Common Stock Repurchased | -$19M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | -$33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $94M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $88M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $202M |
| PP&E (Net) | $50M |
| Goodwill | $0 |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $59M |
| TOTAL ASSETS | $261M |
| Account Payables | $20M |
| Short-Term Debt | $43M |
| Deferred Revenue | $21M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $124M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $267.0K |
| TOTAL NON-CURRENT LIABILITIES | $37M |
| TOTAL LIABILITIES | $161M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $504M |
| Retained Earnings | -$380M |
| Treasury Stock | -$25M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $100M |
| Minority Interest | $0 |
| TOTAL EQUITY | $100M |
| TOTAL LIABILITIES & EQUITY | $261M |
| Total Debt | $85M |
| Net Debt | -$9M |
