| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $36.0K | — | $61.0K | — | -41.0% |
| Op. Income | -$204M | — | -$359M | — | 43.2% |
| Gross Margin | -31952.8% | — | 100.0% | — | -32052.8pp |
| Net Margin | -762355.6% | — | -562285.2% | — | -200070.3pp |
| EPS (Diluted) | $-16.06 | — | $-1.31 | — | -1126.0% |
| Free Cash Flow | -$151M | — | -$163M | — | 7.4% |
| Item | Amount |
|---|---|
| REVENUE | $36.0K |
| Cost of Revenue | $12M |
| GROSS PROFIT | -$12M |
| R&D Expenses | $159M |
| Selling & Marketing | $0 |
| General & Administrative | $45M |
| SG&A Expenses | $45M |
| Other Expenses | -$12M |
| Operating Expenses | $192M |
| Cost & Expenses | $204M |
| OPERATING INCOME | -$204M |
| Interest Income | $13M |
| Interest Expense | $0 |
| Other Income/Expenses | -$71M |
| INCOME BEFORE TAX | -$274M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$274M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$274M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$274M |
| D&A | $12M |
| EBIT | -$204M |
| EBITDA | -$192M |
| EPS | -$16 |
| EPS Diluted | -$16 |
| Item | Amount |
|---|---|
| Net Income | -$274M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $42M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $81M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | -$150M |
| Capital Expenditure | -$780.0K |
| Acquisitions (Net) | -$41M |
| Purchases of Investments | -$260M |
| Sales/Maturities of Investments | $375M |
| Other Investing Activities | -$19M |
| NET CASH FROM INVESTING | $54M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.0K |
| NET CASH FROM FINANCING | $50M |
| FREE CASH FLOW | -$151M |
| Net Change in Cash | -$46M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $60M |
| Short-Term Investments | $187M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $261M |
| PP&E (Net) | $54M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $19M |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $79M |
| TOTAL ASSETS | $340M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $47M |
| TOTAL CURRENT LIABILITIES | $49M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $517.0K |
| TOTAL NON-CURRENT LIABILITIES | $42M |
| TOTAL LIABILITIES | $92M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | -$1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $242.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $248M |
| Minority Interest | $0 |
| TOTAL EQUITY | $248M |
| TOTAL LIABILITIES & EQUITY | $340M |
| Total Debt | $42M |
| Net Debt | -$18M |
