| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | — | $749M | — | 41.0% |
| Op. Income | -$1.3B | — | -$877M | — | -47.1% |
| Gross Margin | 82.4% | — | 88.3% | — | -5.9pp |
| Net Margin | -118.4% | — | -97.7% | — | -20.7pp |
| EPS (Diluted) | $-2.45 | — | $-3.11 | — | 21.2% |
| Free Cash Flow | $246M | — | -$69M | — | 456.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $186M |
| GROSS PROFIT | $870M |
| R&D Expenses | $1.0B |
| Selling & Marketing | $576M |
| General & Administrative | $556M |
| SG&A Expenses | $1.1B |
| Other Expenses | $0 |
| Operating Expenses | $2.2B |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | -$1.3B |
| Interest Income | $62M |
| Interest Expense | $0 |
| Other Income/Expenses | $65M |
| INCOME BEFORE TAX | -$1.2B |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | -$1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.3B |
| D&A | $16M |
| EBIT | -$1.3B |
| EBITDA | -$1.3B |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$1.3B |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $1.4B |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $23M |
| Change in Working Capital | $98M |
| OPERATING CASH FLOW | $251M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$58M |
| Purchases of Investments | -$1.2B |
| Sales/Maturities of Investments | $985M |
| Other Investing Activities | -$45M |
| NET CASH FROM INVESTING | -$371M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$499M |
| NET CASH FROM FINANCING | $43M |
| FREE CASH FLOW | $246M |
| Net Change in Cash | -$77M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $403M |
| Short-Term Investments | $1.3B |
| Net Receivables | $248M |
| Inventory | $0 |
| Other Current Assets | $101M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $42M |
| Goodwill | $101M |
| Intangible Assets | $19M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $181M |
| TOTAL NON-CURRENT ASSETS | $344M |
| TOTAL ASSETS | $2.3B |
| Account Payables | $5M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $768M |
| TOTAL CURRENT LIABILITIES | $776M |
| Long-Term Debt | $56M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$50M |
| TOTAL NON-CURRENT LIABILITIES | $61M |
| TOTAL LIABILITIES | $838M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | -$1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $114M |
| Net Debt | -$289M |
