| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $298M | — | — | — | — |
| Op. Income | -$34M | — | — | — | — |
| Gross Margin | 97.9% | — | — | — | — |
| Net Margin | -8.9% | — | — | — | — |
| EPS (Diluted) | $-0.53 | — | — | — | — |
| Free Cash Flow | -$11M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $298M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $291M |
| R&D Expenses | $204M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $121M |
| Other Expenses | $0 |
| Operating Expenses | $325M |
| Cost & Expenses | $331M |
| OPERATING INCOME | -$34M |
| Interest Income | $16M |
| Interest Expense | $12M |
| Other Income/Expenses | $20M |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | -$26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$26M |
| D&A | $2M |
| EBIT | -$2M |
| EBITDA | $387.2K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$26M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $11M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$22M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $468M |
| Short-Term Investments | $396M |
| Net Receivables | $74M |
| Inventory | $7M |
| Other Current Assets | $52M |
| TOTAL CURRENT ASSETS | $997M |
| PP&E (Net) | $50M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $71M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $24M |
| Short-Term Debt | $2M |
| Deferred Revenue | $583.0K |
| Other Current Liabilities | $220M |
| TOTAL CURRENT LIABILITIES | $247M |
| Long-Term Debt | $42M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $398M |
| TOTAL NON-CURRENT LIABILITIES | $440M |
| TOTAL LIABILITIES | $686M |
| Common Stock | $136.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$831M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$28M |
| Other Equity | $1.2B |
| TOTAL STOCKHOLDERS' EQUITY | $381M |
| Minority Interest | $0 |
| TOTAL EQUITY | $381M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $44M |
| Net Debt | -$424M |
