| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | — | $1.7B | — | 35.9% |
| Op. Income | -$310M | — | -$222M | — | -39.4% |
| Gross Margin | 64.8% | — | 60.3% | — | 4.6pp |
| Net Margin | -9.0% | — | -11.2% | — | 2.2pp |
| EPS (Diluted) | $-1.52 | — | $-1.53 | — | 0.7% |
| Free Cash Flow | $109M | — | $69M | — | 57.6% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $811M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $624M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.2B |
| Other Expenses | $4M |
| Operating Expenses | $1.8B |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | -$310M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $42M |
| INCOME BEFORE TAX | -$268M |
| Income Tax Expense | -$60M |
| Net Income from Continuing Ops | -$208M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$208M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$208M |
| D&A | $0 |
| EBIT | -$264M |
| EBITDA | -$264M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$208M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $353M |
| Change in Working Capital | $71M |
| OPERATING CASH FLOW | $215M |
| Capital Expenditure | -$106M |
| Acquisitions (Net) | -$16M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$132M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $47M |
| FREE CASH FLOW | $109M |
| Net Change in Cash | $131M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $297M |
| Inventory | $68M |
| Other Current Assets | $56M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $350M |
| Goodwill | $141M |
| Intangible Assets | $374M |
| Long-Term Investments | $0 |
| Tax Assets | $110M |
| Other Non-Current Assets | $37M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $33M |
| Short-Term Debt | $96M |
| Deferred Revenue | $25M |
| Other Current Liabilities | $186M |
| TOTAL CURRENT LIABILITIES | $441M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $17M |
| Deferred Tax Liabilities | $110M |
| Other Non-Current Liabilities | $108M |
| TOTAL NON-CURRENT LIABILITIES | $354M |
| TOTAL LIABILITIES | $796M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $4.5B |
| Retained Earnings | -$2.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$258.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $214M |
| Net Debt | -$862M |
