| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | — | — | — | — |
| Op. Income | -$137M | — | — | — | — |
| Gross Margin | 60.3% | — | — | — | — |
| Net Margin | -28.8% | — | — | — | — |
| EPS (Diluted) | $-1.61 | — | — | — | — |
| Free Cash Flow | -$168M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $409M |
| GROSS PROFIT | $622M |
| R&D Expenses | $416M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $343M |
| Other Expenses | $1M |
| Operating Expenses | $759M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | -$137M |
| Interest Income | $40M |
| Interest Expense | $21M |
| Other Income/Expenses | -$146M |
| INCOME BEFORE TAX | -$283M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | -$298M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$298M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$298M |
| D&A | $29M |
| EBIT | -$137M |
| EBITDA | -$108M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$298M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $261M |
| Change in Working Capital | -$93M |
| OPERATING CASH FLOW | -$100M |
| Capital Expenditure | -$68M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4.6B |
| Sales/Maturities of Investments | $5.3B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $711M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$300.8K |
| FREE CASH FLOW | -$168M |
| Net Change in Cash | $615M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $902M |
| Short-Term Investments | $47M |
| Net Receivables | $250M |
| Inventory | $32M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $402M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $5M |
| Tax Assets | $0 |
| Other Non-Current Assets | $78M |
| TOTAL NON-CURRENT ASSETS | $487M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $83M |
| Short-Term Debt | $327M |
| Deferred Revenue | $11M |
| Other Current Liabilities | $196M |
| TOTAL CURRENT LIABILITIES | $636M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $87M |
| TOTAL LIABILITIES | $724M |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $2.8B |
| Retained Earnings | -$2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $210M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $414M |
| Net Debt | -$488M |
