| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $349M | — | $286M | — | 22.2% |
| Op. Income | $39M | — | $73M | — | -46.5% |
| Gross Margin | 82.5% | — | 73.2% | — | 9.3pp |
| Net Margin | 1.7% | — | 9.7% | — | -8.0pp |
| EPS (Diluted) | $0.02 | — | $0.10 | — | -79.4% |
| Free Cash Flow | $14M | — | $33M | — | -58.3% |
| Item | Amount |
|---|---|
| REVENUE | $349M |
| Cost of Revenue | $61M |
| GROSS PROFIT | $288M |
| R&D Expenses | $66M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $144M |
| Other Expenses | $39M |
| Operating Expenses | $249M |
| Cost & Expenses | $310M |
| OPERATING INCOME | $39M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $12M |
| EBIT | $15M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $349M |
| Cost of Revenue | $61M |
| GROSS PROFIT | $288M |
| R&D Expenses | $66M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $144M |
| Other Expenses | $39M |
| Operating Expenses | $249M |
| Cost & Expenses | $310M |
| OPERATING INCOME | $39M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $12M |
| EBIT | $15M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $67M |
| Change in Working Capital | -$86M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$348M |
| Purchases of Investments | -$158M |
| Sales/Maturities of Investments | $222M |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | -$305M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $318M |
| NET CASH FROM FINANCING | $315M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | $29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $75M |
| Short-Term Investments | $96M |
| Net Receivables | $38M |
| Inventory | $35M |
| Other Current Assets | $47M |
| TOTAL CURRENT ASSETS | $292M |
| PP&E (Net) | $82M |
| Goodwill | $68M |
| Intangible Assets | $5M |
| Long-Term Investments | $5M |
| Tax Assets | $0 |
| Other Non-Current Assets | $341M |
| TOTAL NON-CURRENT ASSETS | $501M |
| TOTAL ASSETS | $792M |
| Account Payables | $9M |
| Short-Term Debt | $49M |
| Deferred Revenue | $15M |
| Other Current Liabilities | $97M |
| TOTAL CURRENT LIABILITIES | $171M |
| Long-Term Debt | $320M |
| Deferred Revenue NC | $40M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $208M |
| TOTAL NON-CURRENT LIABILITIES | $672M |
| TOTAL LIABILITIES | $843M |
| Common Stock | $3M |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | -$3.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $115.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$51M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$51M |
| TOTAL LIABILITIES & EQUITY | $792M |
| Total Debt | $473M |
| Net Debt | $399M |
