| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | — | $0 | — | — |
| Op. Income | -$1.2B | — | -$690M | — | -71.5% |
| EPS (Diluted) | $-5.95 | — | $-3.58 | — | -66.2% |
| Free Cash Flow | -$914M | — | -$568M | — | -60.9% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $17M |
| GROSS PROFIT | -$17M |
| R&D Expenses | $979M |
| Selling & Marketing | $0 |
| General & Administrative | $187M |
| SG&A Expenses | $187M |
| Other Expenses | $0 |
| Operating Expenses | $1.2B |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | -$1.2B |
| Interest Income | $91M |
| Interest Expense | $24M |
| Other Income/Expenses | $51M |
| INCOME BEFORE TAX | -$1.1B |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.1B |
| D&A | $17M |
| EBIT | -$1.1B |
| EBITDA | -$1.1B |
| EPS | -$6 |
| EPS Diluted | -$6 |
| Item | Amount |
|---|---|
| Net Income | -$1.1B |
| Depreciation & Amortization | -$27M |
| Stock-Based Compensation | $118M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $55M |
| Change in Working Capital | $87M |
| OPERATING CASH FLOW | -$898M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.8B |
| Sales/Maturities of Investments | $1.9B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $118M |
| Net Debt Issuance | $244M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $220.0K |
| NET CASH FROM FINANCING | $622M |
| FREE CASH FLOW | -$914M |
| Net Change in Cash | -$158M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $384M |
| Short-Term Investments | $1.6B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $49M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $165M |
| Goodwill | $15M |
| Intangible Assets | $56M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $44M |
| TOTAL NON-CURRENT ASSETS | $279M |
| TOTAL ASSETS | $2.4B |
| Account Payables | $65M |
| Short-Term Debt | $16M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $209M |
| TOTAL CURRENT LIABILITIES | $290M |
| Long-Term Debt | $142M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $288M |
| TOTAL NON-CURRENT LIABILITIES | $433M |
| TOTAL LIABILITIES | $723M |
| Common Stock | $19.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$2.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $4.5B |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $159M |
| Net Debt | -$225M |
