| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.5B | — | $2.7B | — | -7.8% |
| Op. Income | -$36M | — | -$529M | — | 93.2% |
| Gross Margin | 50.9% | — | 44.7% | — | 6.2pp |
| Net Margin | -4.8% | — | -20.4% | — | 15.7pp |
| EPS (Diluted) | $-0.30 | — | $-1.51 | — | 80.1% |
| Free Cash Flow | $324M | — | -$86M | — | 477.3% |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $234M |
| Selling & Marketing | $422M |
| General & Administrative | $527M |
| SG&A Expenses | $949M |
| Other Expenses | $121M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | -$36M |
| Interest Income | $33M |
| Interest Expense | $135M |
| Other Income/Expenses | -$79M |
| INCOME BEFORE TAX | -$116M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$119M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $100.0K |
| NET INCOME | -$119M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$119M |
| D&A | $90M |
| EBIT | $19M |
| EBITDA | $109M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$119M |
| Depreciation & Amortization | $90M |
| Stock-Based Compensation | $230M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $105M |
| Change in Working Capital | $27M |
| OPERATING CASH FLOW | $333M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $324M |
| Net Change in Cash | $335M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $0 |
| Net Receivables | $101M |
| Inventory | $206M |
| Other Current Assets | $91M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $578M |
| Goodwill | $41M |
| Intangible Assets | $6M |
| Long-Term Investments | $46M |
| Tax Assets | $0 |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $688M |
| TOTAL ASSETS | $2.1B |
| Account Payables | $67M |
| Short-Term Debt | $209M |
| Deferred Revenue | $151M |
| Other Current Liabilities | $48M |
| TOTAL CURRENT LIABILITIES | $804M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $37M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $0 |
| Additional Paid-In Capital | $5.2B |
| Retained Earnings | -$5.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$414M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$414M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $2.0B |
| Net Debt | $937M |
