| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $811M | $707M | $699M | 14.8% | 16.0% |
| Op. Income | -$2M | -$96M | -$26M | 97.8% | 91.8% |
| Gross Margin | 69.3% | 70.8% | 69.8% | -1.5pp | -0.5pp |
| Net Margin | -0.1% | -14.3% | -2.3% | 14.2pp | 2.1pp |
| EPS (Diluted) | $-0.01 | $-0.54 | $-0.09 | 98.8% | 92.7% |
| Free Cash Flow | $47M | -$365.0K | $71M | 12887.7% | -34.4% |
| Item | Amount |
|---|---|
| REVENUE | $811M |
| Cost of Revenue | $249M |
| GROSS PROFIT | $562M |
| R&D Expenses | $109M |
| Selling & Marketing | $247M |
| General & Administrative | $209M |
| SG&A Expenses | $456M |
| Other Expenses | $0 |
| Operating Expenses | $565M |
| Cost & Expenses | $813M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$57.0K |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $55M |
| EBIT | -$2M |
| EBITDA | $53M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $55M |
| Stock-Based Compensation | $56M |
| Deferred Income Tax | -$6.0K |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$34M |
| OPERATING CASH FLOW | $89M |
| Capital Expenditure | -$42M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $253M |
| Other Investing Activities | $29M |
| NET CASH FROM INVESTING | $225M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $47M |
| Net Change in Cash | $310M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $657M |
| Short-Term Investments | $201M |
| Net Receivables | $353M |
| Inventory | $171M |
| Other Current Assets | $125M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $831M |
| Goodwill | $2.4B |
| Intangible Assets | $965M |
| Long-Term Investments | $7M |
| Tax Assets | $0 |
| Other Non-Current Assets | $118M |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $5.8B |
| Account Payables | $157M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $522M |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $316M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $2M |
| Additional Paid-In Capital | $7.1B |
| Retained Earnings | -$4.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $5.8B |
| Total Debt | $2.5B |
| Net Debt | $1.9B |
