| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | — | $0 | — | — |
| Op. Income | -$468M | — | -$344M | — | -36.1% |
| EPS (Diluted) | $-3.47 | — | $-3.37 | — | -3.0% |
| Free Cash Flow | -$405M | — | -$295M | — | -37.4% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $2M |
| GROSS PROFIT | -$2M |
| R&D Expenses | $398M |
| Selling & Marketing | $0 |
| General & Administrative | $70M |
| SG&A Expenses | $70M |
| Other Expenses | $0 |
| Operating Expenses | $466M |
| Cost & Expenses | $468M |
| OPERATING INCOME | -$468M |
| Interest Income | $30M |
| Interest Expense | $6M |
| Other Income/Expenses | $22M |
| INCOME BEFORE TAX | -$446M |
| Income Tax Expense | $0 |
| NET INCOME | -$446M |
| D&A | $2M |
| EBIT | -$440M |
| EBITDA | -$438M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$446M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $46M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$403M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$181M |
| Sales/Maturities of Investments | $172M |
| Other Investing Activities | -$19M |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | $148M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $890M |
| FREE CASH FLOW | -$405M |
| Net Change in Cash | $458M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $893M |
| Short-Term Investments | $217M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $45M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $60M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $8M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $38M |
| TOTAL CURRENT LIABILITIES | $51M |
| Long-Term Debt | $15M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $149M |
| TOTAL NON-CURRENT LIABILITIES | $164M |
| TOTAL LIABILITIES | $215M |
| Common Stock | $16.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $2.4B |
| TOTAL STOCKHOLDERS' EQUITY | $972M |
| Minority Interest | $0 |
| TOTAL EQUITY | $972M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $20M |
| Net Debt | -$873M |
