| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $758M | — | $695M | — | 9.0% |
| Op. Income | -$78M | — | -$113M | — | 30.8% |
| Gross Margin | 54.6% | — | 53.5% | — | 1.1pp |
| Net Margin | -6.7% | — | -11.4% | — | 4.7pp |
| EPS (Diluted) | $-0.31 | — | $-0.51 | — | 39.2% |
| Free Cash Flow | $107M | — | $94M | — | 14.3% |
| Item | Amount |
|---|---|
| REVENUE | $758M |
| Cost of Revenue | $344M |
| GROSS PROFIT | $413M |
| R&D Expenses | $122M |
| Selling & Marketing | $256M |
| General & Administrative | $114M |
| SG&A Expenses | $370M |
| Other Expenses | $0 |
| Operating Expenses | $492M |
| Cost & Expenses | $836M |
| OPERATING INCOME | -$78M |
| Interest Income | $32M |
| Interest Expense | $0 |
| Other Income/Expenses | $32M |
| INCOME BEFORE TAX | -$46M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | -$51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$51M |
| D&A | $29M |
| EBIT | -$46M |
| EBITDA | -$17M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$51M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $95M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $32M |
| OPERATING CASH FLOW | $109M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$29M |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$28M |
| NET CASH FROM FINANCING | -$14M |
| FREE CASH FLOW | $107M |
| Net Change in Cash | $65M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $793M |
| Short-Term Investments | $0 |
| Net Receivables | $65M |
| Inventory | $0 |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $898M |
| PP&E (Net) | $43M |
| Goodwill | $0 |
| Intangible Assets | $27M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $102M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $130M |
| Short-Term Debt | $0 |
| Deferred Revenue | $181M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $358M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $364M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$911M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $636M |
| Minority Interest | $0 |
| TOTAL EQUITY | $636M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $5M |
| Net Debt | -$788M |
