| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $345M | — | $328M | — | 5.2% |
| Op. Income | -$29M | — | -$48M | — | 39.3% |
| Gross Margin | 51.1% | — | 52.2% | — | -1.1pp |
| Net Margin | -8.0% | — | -10.7% | — | 2.7pp |
| EPS (Diluted) | $-0.18 | — | $-0.20 | — | 10.0% |
| Free Cash Flow | $33M | — | $39M | — | -15.3% |
| Item | Amount |
|---|---|
| REVENUE | $345M |
| Cost of Revenue | $169M |
| GROSS PROFIT | $176M |
| R&D Expenses | $67M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $138M |
| Other Expenses | $0 |
| Operating Expenses | $205M |
| Cost & Expenses | $374M |
| OPERATING INCOME | -$29M |
| Interest Income | $13M |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | -$21M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | -$28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$28M |
| D&A | $16M |
| EBIT | -$29M |
| EBITDA | -$13M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$28M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $59M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$810.0K |
| Acquisitions (Net) | $50.0K |
| Purchases of Investments | -$248M |
| Sales/Maturities of Investments | $116M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$133M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$106M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$111M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | -$209M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $162M |
| Short-Term Investments | $135M |
| Net Receivables | $48M |
| Inventory | $0 |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $356M |
| PP&E (Net) | $32M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $55M |
| TOTAL ASSETS | $411M |
| Account Payables | $2M |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $35M |
| TOTAL CURRENT LIABILITIES | $71M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $45M |
| TOTAL LIABILITIES | $116M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | -$474M |
| Treasury Stock | -$260M |
| Accum. Other Comp. Income | -$62.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $295M |
| Minority Interest | $0 |
| TOTAL EQUITY | $295M |
| TOTAL LIABILITIES & EQUITY | $411M |
| Total Debt | $25M |
| Net Debt | -$137M |
