| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $157M | — | $145M | — | 8.3% |
| Op. Income | -$48M | — | -$62M | — | 22.0% |
| Gross Margin | 74.9% | — | 74.2% | — | 0.7pp |
| Net Margin | -28.3% | — | -38.5% | — | 10.2pp |
| EPS (Diluted) | $-0.72 | — | $-0.93 | — | 22.6% |
| Free Cash Flow | -$18M | — | -$12M | — | -56.0% |
| Item | Amount |
|---|---|
| REVENUE | $157M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $117M |
| R&D Expenses | $57M |
| Selling & Marketing | $60M |
| General & Administrative | $49M |
| SG&A Expenses | $109M |
| Other Expenses | $0 |
| Operating Expenses | $166M |
| Cost & Expenses | $205M |
| OPERATING INCOME | -$48M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$44M |
| Income Tax Expense | $743.0K |
| Net Income from Continuing Ops | -$44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$44M |
| D&A | $214.0K |
| EBIT | -$44M |
| EBITDA | -$43M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$44M |
| Depreciation & Amortization | $214.0K |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $798.0K |
| OPERATING CASH FLOW | -$15M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $8.0K |
| Purchases of Investments | -$206M |
| Sales/Maturities of Investments | $191M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | -$42.0K |
| Common Stock Repurchased | -$105.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$296.0K |
| NET CASH FROM FINANCING | $16.0K |
| FREE CASH FLOW | -$18M |
| Net Change in Cash | -$33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $95M |
| Net Receivables | $26M |
| Inventory | $0 |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $153M |
| PP&E (Net) | $14M |
| Goodwill | $6M |
| Intangible Assets | $206.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $837.0K |
| TOTAL NON-CURRENT ASSETS | $21M |
| TOTAL ASSETS | $174M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $31M |
| TOTAL CURRENT LIABILITIES | $40M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $46M |
| Common Stock | $317.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$342M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $32.0K |
| Other Equity | $470M |
| TOTAL STOCKHOLDERS' EQUITY | $128M |
| Minority Interest | $0 |
| TOTAL EQUITY | $128M |
| TOTAL LIABILITIES & EQUITY | $174M |
| Total Debt | $0 |
| Net Debt | -$20M |
