| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | — | $3M | — | -20.3% |
| Op. Income | -$97M | — | -$109M | — | 10.6% |
| Gross Margin | -135.5% | — | 52.3% | — | -187.8pp |
| Net Margin | -4160.1% | — | -3303.0% | — | -857.0pp |
| EPS (Diluted) | $-0.51 | — | $-0.71 | — | 28.2% |
| Free Cash Flow | -$97M | — | -$92M | — | -5.3% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $6M |
| GROSS PROFIT | -$3M |
| R&D Expenses | $54M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $45M |
| Other Expenses | -$5M |
| Operating Expenses | $94M |
| Cost & Expenses | $99M |
| OPERATING INCOME | -$97M |
| Interest Income | $9M |
| Interest Expense | $0 |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$101M |
| Income Tax Expense | $58.0K |
| NET INCOME | -$101M |
| D&A | $4M |
| EBIT | -$97M |
| EBITDA | -$93M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$101M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$95M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$405M |
| Sales/Maturities of Investments | $379M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1.0K |
| NET CASH FROM FINANCING | $95M |
| FREE CASH FLOW | -$97M |
| Net Change in Cash | -$28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $141M |
| Net Receivables | $561.0K |
| Inventory | $3M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $176M |
| PP&E (Net) | $17M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $53M |
| TOTAL NON-CURRENT ASSETS | $70M |
| TOTAL ASSETS | $246M |
| Account Payables | $2M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $23M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $34.0K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $25M |
| Common Stock | $22.0K |
| Additional Paid-In Capital | $918M |
| Retained Earnings | -$698M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $220M |
| Minority Interest | $0 |
| TOTAL EQUITY | $220M |
| TOTAL LIABILITIES & EQUITY | $246M |
| Total Debt | $4M |
| Net Debt | -$17M |
