| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $344M | — | $332M | — | 3.7% |
| Op. Income | -$43M | — | $9M | — | -593.8% |
| Gross Margin | 68.7% | — | 81.9% | — | -13.2pp |
| Net Margin | -7.0% | — | 5.5% | — | -12.5pp |
| EPS (Diluted) | $-0.83 | — | $0.62 | — | -233.9% |
| Free Cash Flow | $28M | — | $37M | — | -22.5% |
| Item | Amount |
|---|---|
| REVENUE | $344M |
| Cost of Revenue | $108M |
| GROSS PROFIT | $236M |
| R&D Expenses | $52M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $229M |
| Other Expenses | -$2M |
| Operating Expenses | $279M |
| Cost & Expenses | $387M |
| OPERATING INCOME | -$43M |
| Interest Income | $12M |
| Interest Expense | $86.0K |
| Other Income/Expenses | $13M |
| INCOME BEFORE TAX | -$30M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | -$24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$24M |
| D&A | $41M |
| EBIT | -$29M |
| EBITDA | $11M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$24M |
| Depreciation & Amortization | $41M |
| Stock-Based Compensation | $46M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $64M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | -$19M |
| Purchases of Investments | -$189M |
| Sales/Maturities of Investments | $191M |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$60M |
| Net Debt Issuance | -$115.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $117M |
| Short-Term Investments | $183M |
| Net Receivables | $43M |
| Inventory | $10M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $361M |
| PP&E (Net) | $112M |
| Goodwill | $100M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $217M |
| TOTAL ASSETS | $579M |
| Account Payables | $19M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $48M |
| TOTAL CURRENT LIABILITIES | $69M |
| Long-Term Debt | $35M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $39M |
| TOTAL LIABILITIES | $108M |
| Common Stock | $30.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$224M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $267.0K |
| Other Equity | $695M |
| TOTAL STOCKHOLDERS' EQUITY | $471M |
| Minority Interest | $0 |
| TOTAL EQUITY | $471M |
| TOTAL LIABILITIES & EQUITY | $579M |
| Total Debt | $37M |
| Net Debt | -$80M |
