| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $201M | — | $200M | — | 0.5% |
| Op. Income | -$40M | — | -$21M | — | -96.8% |
| Gross Margin | 51.8% | — | 55.4% | — | -3.6pp |
| Net Margin | -33.0% | — | -3.0% | — | -30.0pp |
| EPS (Diluted) | $-0.52 | — | $-0.05 | — | -1028.0% |
| Free Cash Flow | -$9M | — | $22M | — | -140.1% |
| Item | Amount |
|---|---|
| REVENUE | $201M |
| Cost of Revenue | $97M |
| GROSS PROFIT | $104M |
| R&D Expenses | $36M |
| Selling & Marketing | $49M |
| General & Administrative | $59M |
| SG&A Expenses | $108M |
| Other Expenses | $0 |
| Operating Expenses | $145M |
| Cost & Expenses | $242M |
| OPERATING INCOME | -$40M |
| Interest Income | $2M |
| Interest Expense | $474.0K |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | -$30M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | -$67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$67M |
| D&A | $12M |
| EBIT | -$29M |
| EBITDA | -$17M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$67M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | $34M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $252.0K |
| Purchases of Investments | -$278M |
| Sales/Maturities of Investments | $292M |
| Other Investing Activities | -$107.0K |
| NET CASH FROM INVESTING | $10M |
| Net Debt Issuance | $837.0K |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$669.0K |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $91M |
| Short-Term Investments | $171M |
| Net Receivables | $72M |
| Inventory | $48M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $392M |
| PP&E (Net) | $29M |
| Goodwill | $17M |
| Intangible Assets | $17M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $70M |
| TOTAL ASSETS | $462M |
| Account Payables | $6M |
| Short-Term Debt | $12M |
| Deferred Revenue | $29M |
| Other Current Liabilities | $31M |
| TOTAL CURRENT LIABILITIES | $78M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $18M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $42M |
| TOTAL LIABILITIES | $120M |
| Common Stock | $129.0K |
| Additional Paid-In Capital | $441M |
| Retained Earnings | -$102M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $342M |
| Minority Interest | $0 |
| TOTAL EQUITY | $342M |
| TOTAL LIABILITIES & EQUITY | $462M |
| Total Debt | $33M |
| Net Debt | -$58M |
