| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $361M | — | $366M | — | -1.4% |
| Op. Income | -$737.0K | — | -$7M | — | 89.6% |
| Gross Margin | 52.0% | — | 51.6% | — | 0.4pp |
| Net Margin | -3.0% | — | 11.2% | — | -14.2pp |
| EPS (Diluted) | $-0.37 | — | $1.39 | — | -126.6% |
| Free Cash Flow | $46M | — | $111M | — | -58.7% |
| Item | Amount |
|---|---|
| REVENUE | $361M |
| Cost of Revenue | $173M |
| GROSS PROFIT | $188M |
| R&D Expenses | $103M |
| Selling & Marketing | $37M |
| General & Administrative | $49M |
| SG&A Expenses | $86M |
| Other Expenses | $0 |
| Operating Expenses | $188M |
| Cost & Expenses | $362M |
| OPERATING INCOME | -$737.0K |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | -$69.0K |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $15M |
| EBIT | -$7M |
| EBITDA | $8M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$396.0K |
| Other Non-Cash Items | $70M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $59M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$203M |
| Sales/Maturities of Investments | $168M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$48M |
| Net Debt Issuance | -$18M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $46M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $48M |
| Short-Term Investments | $127M |
| Net Receivables | $71M |
| Inventory | $85M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $339M |
| PP&E (Net) | $71M |
| Goodwill | $21M |
| Intangible Assets | $10M |
| Long-Term Investments | $104M |
| Tax Assets | $0 |
| Other Non-Current Assets | $795.0K |
| TOTAL NON-CURRENT ASSETS | $206M |
| TOTAL ASSETS | $545M |
| Account Payables | $14M |
| Short-Term Debt | $98M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $127M |
| Long-Term Debt | $207M |
| Deferred Revenue NC | $690.0K |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | -$23M |
| TOTAL NON-CURRENT LIABILITIES | $209M |
| TOTAL LIABILITIES | $336M |
| Common Stock | $30.0K |
| Additional Paid-In Capital | $607M |
| Retained Earnings | -$400M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $209M |
| Minority Interest | $0 |
| TOTAL EQUITY | $209M |
| TOTAL LIABILITIES & EQUITY | $545M |
| Total Debt | $327M |
| Net Debt | $279M |
