| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | — | $937M | — | 31.6% |
| Op. Income | -$68M | — | -$84M | — | 19.4% |
| Gross Margin | 74.7% | — | 76.4% | — | -1.7pp |
| Net Margin | -2.6% | — | -4.9% | — | 2.3pp |
| EPS (Diluted) | $-0.11 | — | $-0.17 | — | 35.3% |
| Free Cash Flow | $190M | — | $149M | — | 27.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $313M |
| GROSS PROFIT | $921M |
| R&D Expenses | $291M |
| Selling & Marketing | $506M |
| General & Administrative | $192M |
| SG&A Expenses | $698M |
| Other Expenses | $0 |
| Operating Expenses | $989M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | -$68M |
| Interest Income | $39M |
| Interest Expense | $0 |
| Other Income/Expenses | $37M |
| INCOME BEFORE TAX | -$31M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$32M |
| D&A | $19M |
| EBIT | -$68M |
| EBITDA | -$49M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$32M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $162M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $110M |
| Change in Working Capital | -$38M |
| OPERATING CASH FLOW | $218M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$19M |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$18M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $190M |
| Net Change in Cash | $183M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $61M |
| Inventory | $0 |
| Other Current Assets | $80M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $181M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $193M |
| TOTAL NON-CURRENT ASSETS | $375M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $29M |
| Short-Term Debt | $25M |
| Deferred Revenue | $103M |
| Other Current Liabilities | $125M |
| TOTAL CURRENT LIABILITIES | $282M |
| Long-Term Debt | $96M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $102M |
| TOTAL LIABILITIES | $384M |
| Common Stock | $144.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$877M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $2.1B |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $121M |
| Net Debt | -$944M |
