| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $244M | — | $221M | — | 10.7% |
| Op. Income | -$116M | — | -$170M | — | 31.6% |
| Gross Margin | 57.2% | — | 51.2% | — | 6.0pp |
| Net Margin | -50.4% | — | -63.7% | — | 13.2pp |
| EPS (Diluted) | $-0.42 | — | $-0.50 | — | 16.0% |
| Free Cash Flow | -$59M | — | -$93M | — | 37.0% |
| Item | Amount |
|---|---|
| REVENUE | $244M |
| Cost of Revenue | $105M |
| GROSS PROFIT | $140M |
| R&D Expenses | $101M |
| Selling & Marketing | $78M |
| General & Administrative | $77M |
| SG&A Expenses | $155M |
| Other Expenses | $0 |
| Operating Expenses | $256M |
| Cost & Expenses | $360M |
| OPERATING INCOME | -$116M |
| Interest Income | $10M |
| Interest Expense | $0 |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$121M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$123M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$123M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$123M |
| D&A | $46M |
| EBIT | -$103M |
| EBITDA | -$57M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$123M |
| Depreciation & Amortization | $46M |
| Stock-Based Compensation | $48M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $18M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$14M |
| Capital Expenditure | -$44M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | -$140M |
| Sales/Maturities of Investments | $61M |
| Other Investing Activities | $182M |
| NET CASH FROM INVESTING | $58M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$21M |
| NET CASH FROM FINANCING | -$16M |
| FREE CASH FLOW | -$59M |
| Net Change in Cash | $28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $125M |
| Short-Term Investments | $104M |
| Net Receivables | $56M |
| Inventory | $0 |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $302M |
| PP&E (Net) | $142M |
| Goodwill | $136M |
| Intangible Assets | $27M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $332M |
| TOTAL ASSETS | $634M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $82M |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $142M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $11M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $50M |
| TOTAL LIABILITIES | $193M |
| Common Stock | $28.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $441M |
| Minority Interest | $0 |
| TOTAL EQUITY | $441M |
| TOTAL LIABILITIES & EQUITY | $634M |
| Total Debt | $22M |
| Net Debt | -$103M |
