| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $727M | — | $661M | — | 10.1% |
| Op. Income | -$66M | — | -$92M | — | 28.3% |
| Gross Margin | 38.8% | — | 43.9% | — | -5.1pp |
| Net Margin | -14.9% | — | -11.9% | — | -2.9pp |
| EPS (Diluted) | $-4.20 | — | $-3.10 | — | -35.5% |
| Free Cash Flow | -$22M | — | -$34M | — | 36.0% |
| Item | Amount |
|---|---|
| REVENUE | $727M |
| Cost of Revenue | $445M |
| GROSS PROFIT | $283M |
| R&D Expenses | $37M |
| Selling & Marketing | $92M |
| General & Administrative | $273M |
| SG&A Expenses | $365M |
| Other Expenses | -$54M |
| Operating Expenses | $349M |
| Cost & Expenses | $793M |
| OPERATING INCOME | -$66M |
| Interest Income | $9M |
| Interest Expense | $4M |
| Other Income/Expenses | -$44M |
| INCOME BEFORE TAX | -$110M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$108M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$108M |
| D&A | $68M |
| EBIT | -$66M |
| EBITDA | $2M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$108M |
| Depreciation & Amortization | $68M |
| Stock-Based Compensation | $41M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $36M |
| Change in Working Capital | -$32M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | -$500.0K |
| Sales/Maturities of Investments | $20M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$201M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$200M |
| FREE CASH FLOW | -$22M |
| Net Change in Cash | -$207M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $160M |
| Short-Term Investments | $0 |
| Net Receivables | $159M |
| Inventory | $29M |
| Other Current Assets | $29M |
| TOTAL CURRENT ASSETS | $376M |
| PP&E (Net) | $163M |
| Goodwill | $524M |
| Intangible Assets | $287M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $984M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $23M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $60M |
| TOTAL CURRENT LIABILITIES | $88M |
| Long-Term Debt | $405M |
| Deferred Revenue NC | $386.0K |
| Deferred Tax Liabilities | $18M |
| Other Non-Current Liabilities | -$51M |
| TOTAL NON-CURRENT LIABILITIES | $435M |
| TOTAL LIABILITIES | $523M |
| Common Stock | $129.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$434M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $837M |
| Minority Interest | $0 |
| TOTAL EQUITY | $837M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $472M |
| Net Debt | $313M |
