| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $588M | — | $390M | — | 50.6% |
| Op. Income | -$546M | — | -$24M | — | -2136.6% |
| Gross Margin | 79.6% | — | 77.0% | — | 2.7pp |
| Net Margin | -89.9% | — | -3.1% | — | -86.8pp |
| EPS (Diluted) | $-5.19 | — | $-0.15 | — | -3360.0% |
| Free Cash Flow | $171M | — | $45M | — | 277.5% |
| Item | Amount |
|---|---|
| REVENUE | $588M |
| Cost of Revenue | $120M |
| GROSS PROFIT | $468M |
| R&D Expenses | $368M |
| Selling & Marketing | $317M |
| General & Administrative | $330M |
| SG&A Expenses | $646M |
| Other Expenses | $0 |
| Operating Expenses | $1.0B |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | -$546M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $19M |
| INCOME BEFORE TAX | -$527M |
| Income Tax Expense | $998.0K |
| Net Income from Continuing Ops | -$528M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$528M |
| Net Income Deductions | -$104M |
| BOTTOM LINE NET INCOME | -$424M |
| D&A | $5M |
| EBIT | -$546M |
| EBITDA | -$541M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$528M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $643M |
| Deferred Income Tax | $53.0K |
| Other Non-Cash Items | $53M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $171M |
| Capital Expenditure | -$708.0K |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | -$472M |
| Sales/Maturities of Investments | $369M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$114M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$65M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$351M |
| NET CASH FROM FINANCING | -$150M |
| FREE CASH FLOW | $171M |
| Net Change in Cash | -$93M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $208M |
| Short-Term Investments | $156M |
| Net Receivables | $66M |
| Inventory | $16M |
| Other Current Assets | $31M |
| TOTAL CURRENT ASSETS | $534M |
| PP&E (Net) | $17M |
| Goodwill | $64M |
| Intangible Assets | $3M |
| Long-Term Investments | $113M |
| Tax Assets | $0 |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $211M |
| TOTAL ASSETS | $745M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $352M |
| TOTAL CURRENT LIABILITIES | $362M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$4M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $366M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$20.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $379M |
| Minority Interest | $0 |
| TOTAL EQUITY | $379M |
| TOTAL LIABILITIES & EQUITY | $745M |
| Total Debt | $8M |
| Net Debt | -$200M |
