| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | — | $4M | — | 1.8% |
| Op. Income | -$573M | — | -$186M | — | -208.0% |
| Gross Margin | 54.5% | — | 82.9% | — | -28.4pp |
| Net Margin | -19313.0% | — | -11077.3% | — | -8235.7pp |
| EPS (Diluted) | $-2.80 | — | $-2.36 | — | -18.6% |
| Free Cash Flow | $14M | — | -$66M | — | 121.5% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $2M |
| R&D Expenses | $43M |
| Selling & Marketing | $3M |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $530M |
| Operating Expenses | $575M |
| Cost & Expenses | $577M |
| OPERATING INCOME | -$573M |
| Interest Income | $47M |
| Interest Expense | $27M |
| Other Income/Expenses | -$139M |
| INCOME BEFORE TAX | -$712M |
| Income Tax Expense | -$560.1K |
| Net Income from Continuing Ops | -$711M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$711M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$711M |
| D&A | $8M |
| EBIT | -$684M |
| EBITDA | -$676M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$712M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $59M |
| Deferred Income Tax | $560.1K |
| Other Non-Cash Items | $652M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$573.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$956M |
| Sales/Maturities of Investments | $325M |
| Other Investing Activities | -$1.6B |
| NET CASH FROM INVESTING | -$2.3B |
| Net Debt Issuance | $940M |
| Common Stock Repurchased | -$54M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$34M |
| NET CASH FROM FINANCING | $2.2B |
| FREE CASH FLOW | $14M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $166M |
| Short-Term Investments | $1.0B |
| Net Receivables | $244.5K |
| Inventory | $0 |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $6M |
| Goodwill | $121M |
| Intangible Assets | $1.1B |
| Long-Term Investments | $200M |
| Tax Assets | $210M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $4M |
| Short-Term Debt | $948M |
| Deferred Revenue | $30.4K |
| Other Current Liabilities | $29M |
| TOTAL CURRENT LIABILITIES | $980M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $210M |
| Other Non-Current Liabilities | -$2M |
| TOTAL NON-CURRENT LIABILITIES | $212M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $28.1K |
| Additional Paid-In Capital | $5.4B |
| Retained Earnings | -$3.7B |
| Treasury Stock | -$57M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $150.6K |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $951M |
| Net Debt | $786M |
