| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | — | $1.7B | — | 30.7% |
| Op. Income | -$1.0B | — | -$62M | — | -1572.0% |
| Gross Margin | 85.9% | — | 87.6% | — | -1.7pp |
| Net Margin | -46.2% | — | -1.5% | — | -44.7pp |
| EPS (Diluted) | $-2.66 | — | $-0.07 | — | -3721.8% |
| Free Cash Flow | $33M | — | $50M | — | -33.8% |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $309M |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $935M |
| Selling & Marketing | $635M |
| General & Administrative | $512M |
| SG&A Expenses | $1.1B |
| Other Expenses | $835M |
| Operating Expenses | $2.9B |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | -$1.0B |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $31M |
| INCOME BEFORE TAX | -$1.0B |
| Income Tax Expense | $831.0K |
| Net Income from Continuing Ops | -$1.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.0B |
| D&A | $30M |
| EBIT | -$1.0B |
| EBITDA | -$979M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$1.0B |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $1.1B |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $201M |
| Change in Working Capital | -$234M |
| OPERATING CASH FLOW | $53M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5.7B |
| Sales/Maturities of Investments | $521M |
| Other Investing Activities | $4.9B |
| NET CASH FROM INVESTING | -$290M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$78M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$351M |
| NET CASH FROM FINANCING | $368M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | $131M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $466M |
| Short-Term Investments | $588M |
| Net Receivables | $258M |
| Inventory | $0 |
| Other Current Assets | $444M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $178M |
| Goodwill | $0 |
| Intangible Assets | $27M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $209M |
| TOTAL ASSETS | $2.0B |
| Account Payables | $39M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $338M |
| TOTAL CURRENT LIABILITIES | $388M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $52M |
| TOTAL NON-CURRENT LIABILITIES | $175M |
| TOTAL LIABILITIES | $563M |
| Common Stock | $31.0K |
| Additional Paid-In Capital | $4.8B |
| Retained Earnings | -$3.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $172.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $135M |
| Net Debt | -$332M |
