| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $625M | — | $507M | — | 23.3% |
| Op. Income | -$29M | — | -$24M | — | -19.2% |
| Gross Margin | 11.2% | — | 69.4% | — | -58.2pp |
| Net Margin | -2.2% | — | 5.4% | — | -7.6pp |
| EPS (Diluted) | $-0.03 | — | $0.05 | — | -157.0% |
| Free Cash Flow | $161M | — | $56M | — | 188.4% |
| Item | Amount |
|---|---|
| REVENUE | $625M |
| Cost of Revenue | $555M |
| GROSS PROFIT | $70M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $99M |
| SG&A Expenses | $99M |
| Other Expenses | $0 |
| Operating Expenses | $99M |
| Cost & Expenses | $654M |
| OPERATING INCOME | -$29M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $16M |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | $596.0K |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $27M |
| EBIT | -$13M |
| EBITDA | $14M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $105M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $43M |
| OPERATING CASH FLOW | $163M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$46M |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $121M |
| Other Investing Activities | $201M |
| NET CASH FROM INVESTING | $271M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$391M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $40M |
| NET CASH FROM FINANCING | -$347M |
| FREE CASH FLOW | $161M |
| Net Change in Cash | $86M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $982M |
| Short-Term Investments | $98M |
| Net Receivables | $126M |
| Inventory | $2M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $68M |
| Goodwill | $155M |
| Intangible Assets | $51M |
| Long-Term Investments | $8M |
| Tax Assets | $542.0K |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $290M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $226M |
| Short-Term Debt | $11M |
| Deferred Revenue | $12M |
| Other Current Liabilities | $444M |
| TOTAL CURRENT LIABILITIES | $749M |
| Long-Term Debt | $6M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $309.0K |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $763M |
| Common Stock | $43.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$812M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $762M |
| Minority Interest | $0 |
| TOTAL EQUITY | $762M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $22M |
| Net Debt | -$960M |
