| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $128M | — | $158M | — | -19.3% |
| Op. Income | -$83M | — | -$133M | — | 37.5% |
| Gross Margin | 22.3% | — | 28.6% | — | -6.3pp |
| Net Margin | -230.2% | — | -186.8% | — | -43.4pp |
| EPS (Diluted) | $-0.82 | — | $-1.27 | — | 35.4% |
| Free Cash Flow | -$42M | — | -$49M | — | 13.7% |
| Item | Amount |
|---|---|
| REVENUE | $128M |
| Cost of Revenue | $99M |
| GROSS PROFIT | $28M |
| R&D Expenses | $17M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $95M |
| Other Expenses | $0 |
| Operating Expenses | $112M |
| Cost & Expenses | $211M |
| OPERATING INCOME | -$83M |
| Interest Income | $13M |
| Interest Expense | $18M |
| Other Income/Expenses | -$232M |
| INCOME BEFORE TAX | -$316M |
| Income Tax Expense | -$22M |
| Net Income from Continuing Ops | -$294M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$294M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$294M |
| D&A | $15M |
| EBIT | -$276M |
| EBITDA | -$261M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$294M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | -$22M |
| Other Non-Cash Items | $230M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | -$42M |
| Capital Expenditure | -$525.0K |
| Acquisitions (Net) | -$229M |
| Purchases of Investments | -$565M |
| Sales/Maturities of Investments | $191M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$607M |
| Net Debt Issuance | -$818.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | $691M |
| FREE CASH FLOW | -$42M |
| Net Change in Cash | $43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $87M |
| Short-Term Investments | $0 |
| Net Receivables | $23M |
| Inventory | $0 |
| Other Current Assets | $221M |
| TOTAL CURRENT ASSETS | $331M |
| PP&E (Net) | $9M |
| Goodwill | $241M |
| Intangible Assets | $139M |
| Long-Term Investments | $174M |
| Tax Assets | $0 |
| Other Non-Current Assets | $860.0K |
| TOTAL NON-CURRENT ASSETS | $564M |
| TOTAL ASSETS | $895M |
| Account Payables | $6M |
| Short-Term Debt | $18M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $162M |
| TOTAL CURRENT LIABILITIES | $186M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $90M |
| TOTAL NON-CURRENT LIABILITIES | $97M |
| TOTAL LIABILITIES | $283M |
| Common Stock | $46.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$866M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$63.0K |
| Other Equity | $1.5B |
| TOTAL STOCKHOLDERS' EQUITY | $612M |
| Minority Interest | $0 |
| TOTAL EQUITY | $612M |
| TOTAL LIABILITIES & EQUITY | $895M |
| Total Debt | $24M |
| Net Debt | -$63M |
