| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $311M | — | $307M | — | 1.5% |
| Op. Income | -$36M | — | -$70M | — | 48.3% |
| Gross Margin | 33.5% | — | 45.9% | — | -12.5pp |
| Net Margin | -57.2% | — | -22.7% | — | -34.5pp |
| EPS (Diluted) | $-2.55 | — | $-1.15 | — | -121.7% |
| Free Cash Flow | -$237.0K | — | -$2M | — | 87.1% |
| Item | Amount |
|---|---|
| REVENUE | $311M |
| Cost of Revenue | $207M |
| GROSS PROFIT | $104M |
| R&D Expenses | $50M |
| Selling & Marketing | $52M |
| General & Administrative | $50M |
| SG&A Expenses | $102M |
| Other Expenses | -$12M |
| Operating Expenses | $140M |
| Cost & Expenses | $347M |
| OPERATING INCOME | -$36M |
| Interest Income | $8M |
| Interest Expense | $16M |
| Other Income/Expenses | -$141M |
| INCOME BEFORE TAX | -$177M |
| Income Tax Expense | $716.0K |
| Net Income from Continuing Ops | -$178M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$178M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$178M |
| D&A | $51M |
| EBIT | -$36M |
| EBITDA | $14M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$178M |
| Depreciation & Amortization | $51M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | $81.0K |
| Other Non-Cash Items | $116M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $731.0K |
| Capital Expenditure | -$968.0K |
| Acquisitions (Net) | -$41M |
| Purchases of Investments | -$65M |
| Sales/Maturities of Investments | $164M |
| Other Investing Activities | -$21M |
| NET CASH FROM INVESTING | $36M |
| Net Debt Issuance | -$232M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$236M |
| FREE CASH FLOW | -$237.0K |
| Net Change in Cash | -$199M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51M |
| Short-Term Investments | $45M |
| Net Receivables | $59M |
| Inventory | $0 |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $169M |
| PP&E (Net) | $40M |
| Goodwill | $209M |
| Intangible Assets | $78M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $333M |
| TOTAL ASSETS | $503M |
| Account Payables | $9M |
| Short-Term Debt | $5M |
| Deferred Revenue | $56M |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $90M |
| Long-Term Debt | $152M |
| Deferred Revenue NC | $410.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $798.0K |
| TOTAL NON-CURRENT LIABILITIES | $167M |
| TOTAL LIABILITIES | $257M |
| Common Stock | $1.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $246M |
| Minority Interest | $0 |
| TOTAL EQUITY | $246M |
| TOTAL LIABILITIES & EQUITY | $503M |
| Total Debt | $171M |
| Net Debt | $120M |
