| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $244M | — | $312M | — | -22.0% |
| Op. Income | -$23M | — | -$62M | — | 62.5% |
| Gross Margin | 62.2% | — | 61.7% | — | 0.5pp |
| Net Margin | -27.6% | — | -43.0% | — | 15.4pp |
| EPS (Diluted) | $-12.39 | — | $-22.70 | — | 45.4% |
| Free Cash Flow | -$43M | — | -$40M | — | -5.6% |
| Item | Amount |
|---|---|
| REVENUE | $244M |
| Cost of Revenue | $92M |
| GROSS PROFIT | $152M |
| R&D Expenses | $55M |
| Selling & Marketing | $76M |
| General & Administrative | $44M |
| SG&A Expenses | $120M |
| Other Expenses | $0 |
| Operating Expenses | $175M |
| Cost & Expenses | $267M |
| OPERATING INCOME | -$23M |
| Interest Income | $5M |
| Interest Expense | $32M |
| Other Income/Expenses | -$40M |
| INCOME BEFORE TAX | -$64M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$67M |
| Net Income Deductions | $40M |
| BOTTOM LINE NET INCOME | -$107M |
| D&A | $23M |
| EBIT | -$23M |
| EBITDA | -$12M |
| EPS | -$9 |
| EPS Diluted | -$12 |
| Item | Amount |
|---|---|
| Net Income | -$67M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $622.0K |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | -$30M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$26.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$46M |
| NET CASH FROM FINANCING | -$46M |
| FREE CASH FLOW | -$43M |
| Net Change in Cash | -$88M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $95M |
| Short-Term Investments | $0 |
| Net Receivables | $27M |
| Inventory | $0 |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $137M |
| PP&E (Net) | $90M |
| Goodwill | $185M |
| Intangible Assets | $13M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $318M |
| TOTAL ASSETS | $455M |
| Account Payables | $10M |
| Short-Term Debt | $20M |
| Deferred Revenue | $54M |
| Other Current Liabilities | $39M |
| TOTAL CURRENT LIABILITIES | $123M |
| Long-Term Debt | $372M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $665.0K |
| TOTAL NON-CURRENT LIABILITIES | $377M |
| TOTAL LIABILITIES | $499M |
| Common Stock | $173.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $1.0B |
| TOTAL STOCKHOLDERS' EQUITY | -$44M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$44M |
| TOTAL LIABILITIES & EQUITY | $455M |
| Total Debt | $392M |
| Net Debt | $297M |
