| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | — | $909M | — | 18.4% |
| Op. Income | -$696M | — | -$203M | — | -242.8% |
| Gross Margin | 41.8% | — | 42.4% | — | -0.6pp |
| Net Margin | -62.0% | — | -18.0% | — | -43.9pp |
| EPS (Diluted) | $-4.34 | — | $-1.07 | — | -305.6% |
| Free Cash Flow | -$56M | — | -$116M | — | 51.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $627M |
| GROSS PROFIT | $450M |
| R&D Expenses | $152M |
| Selling & Marketing | $235M |
| General & Administrative | $98M |
| SG&A Expenses | $333M |
| Other Expenses | $661M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | -$696M |
| Interest Income | $38M |
| Interest Expense | $1M |
| Other Income/Expenses | $36M |
| INCOME BEFORE TAX | -$660M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | -$667M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$667M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$667M |
| D&A | $101M |
| EBIT | -$658M |
| EBITDA | -$557M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$667M |
| Depreciation & Amortization | $101M |
| Stock-Based Compensation | $56M |
| Deferred Income Tax | $191.0K |
| Other Non-Cash Items | $520M |
| Change in Working Capital | -$42M |
| OPERATING CASH FLOW | -$33M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $19M |
| NET CASH FROM INVESTING | $8M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | -$132M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$139M |
| FREE CASH FLOW | -$56M |
| Net Change in Cash | -$164M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $558M |
| Short-Term Investments | $0 |
| Net Receivables | $70M |
| Inventory | $15M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $798M |
| PP&E (Net) | $30M |
| Goodwill | $798M |
| Intangible Assets | $160M |
| Long-Term Investments | $0 |
| Tax Assets | $298.0K |
| Other Non-Current Assets | $41M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $34M |
| Short-Term Debt | $0 |
| Deferred Revenue | $69M |
| Other Current Liabilities | $26M |
| TOTAL CURRENT LIABILITIES | $149M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $284.0K |
| Other Non-Current Liabilities | $562.0K |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $162M |
| Common Stock | $4.2B |
| Additional Paid-In Capital | $201M |
| Retained Earnings | -$2.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $17M |
| Net Debt | -$541M |
