| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $550M | — | $630M | — | -12.7% |
| Op. Income | -$55M | — | -$44M | — | -25.2% |
| Gross Margin | 38.7% | — | 44.6% | — | -6.0pp |
| Net Margin | 83.3% | — | 6.0% | — | 77.3pp |
| EPS (Diluted) | $2.60 | — | $0.22 | — | 1081.8% |
| Free Cash Flow | -$79M | — | -$17M | — | -353.2% |
| Item | Amount |
|---|---|
| REVENUE | $550M |
| Cost of Revenue | $337M |
| GROSS PROFIT | $213M |
| R&D Expenses | $164M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $103M |
| Other Expenses | $0 |
| Operating Expenses | $267M |
| Cost & Expenses | $605M |
| OPERATING INCOME | -$55M |
| Interest Income | $50M |
| Interest Expense | $3M |
| Other Income/Expenses | $577M |
| INCOME BEFORE TAX | $523M |
| Income Tax Expense | $64M |
| Net Income from Continuing Ops | $459M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $458M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $458M |
| D&A | $13M |
| EBIT | -$55M |
| EBITDA | -$41M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $458M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$475M |
| Change in Working Capital | -$61M |
| OPERATING CASH FLOW | -$65M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $28.1K |
| Purchases of Investments | -$2.7B |
| Sales/Maturities of Investments | $2.7B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | $6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | -$79M |
| Net Change in Cash | -$83M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $71M |
| Short-Term Investments | $1.3B |
| Net Receivables | $148M |
| Inventory | $41M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $98M |
| Goodwill | $3M |
| Intangible Assets | $9M |
| Long-Term Investments | $52M |
| Tax Assets | $13M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $186M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $46M |
| Short-Term Debt | $28M |
| Deferred Revenue | $31M |
| Other Current Liabilities | $180M |
| TOTAL CURRENT LIABILITIES | $316M |
| Long-Term Debt | $68M |
| Deferred Revenue NC | $20M |
| Deferred Tax Liabilities | $255.0K |
| Other Non-Current Liabilities | $96M |
| TOTAL NON-CURRENT LIABILITIES | $186M |
| TOTAL LIABILITIES | $502M |
| Common Stock | $87M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$379M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $13M |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $98M |
| Net Debt | $27M |
