| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $252M | — | $332M | — | -24.0% |
| Op. Income | $13M | — | $46M | — | -71.7% |
| Gross Margin | 72.1% | — | 73.0% | — | -0.9pp |
| Net Margin | -7.4% | — | -177.4% | — | 170.0pp |
| EPS (Diluted) | $-0.43 | — | $-14.12 | — | 97.0% |
| Free Cash Flow | $47M | — | $12M | — | 283.7% |
| Item | Amount |
|---|---|
| REVENUE | $252M |
| Cost of Revenue | $70M |
| GROSS PROFIT | $181M |
| R&D Expenses | $98M |
| Selling & Marketing | $22M |
| General & Administrative | $49M |
| SG&A Expenses | $71M |
| Other Expenses | $0 |
| Operating Expenses | $168M |
| Cost & Expenses | $239M |
| OPERATING INCOME | $13M |
| Interest Income | $4M |
| Interest Expense | $10M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$19M |
| D&A | $11M |
| EBIT | $1M |
| EBITDA | $12M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | $241.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $37M |
| OPERATING CASH FLOW | $61M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$88M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$87M |
| FREE CASH FLOW | $47M |
| Net Change in Cash | -$37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $84M |
| Short-Term Investments | $3M |
| Net Receivables | $59M |
| Inventory | $0 |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $186M |
| PP&E (Net) | $53M |
| Goodwill | $299M |
| Intangible Assets | $0 |
| Long-Term Investments | $3M |
| Tax Assets | $54M |
| Other Non-Current Assets | $36M |
| TOTAL NON-CURRENT ASSETS | $444M |
| TOTAL ASSETS | $631M |
| Account Payables | $901.0K |
| Short-Term Debt | $4M |
| Deferred Revenue | $52M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $101M |
| Long-Term Debt | $213M |
| Deferred Revenue NC | $140M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $379M |
| TOTAL LIABILITIES | $480M |
| Common Stock | $434.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$940M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$25M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $151M |
| Minority Interest | $0 |
| TOTAL EQUITY | $151M |
| TOTAL LIABILITIES & EQUITY | $631M |
| Total Debt | $230M |
| Net Debt | $146M |
