| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $256M | — | $208M | — | 23.3% |
| Op. Income | -$167M | — | -$209M | — | 20.3% |
| Gross Margin | 55.7% | — | 63.6% | — | -7.9pp |
| Net Margin | -40.4% | — | -90.2% | — | 49.8pp |
| EPS (Diluted) | $-1.41 | — | $-2.57 | — | 45.1% |
| Free Cash Flow | $12M | — | -$165M | — | 107.6% |
| Item | Amount |
|---|---|
| REVENUE | $256M |
| Cost of Revenue | $113M |
| GROSS PROFIT | $143M |
| R&D Expenses | $173M |
| Selling & Marketing | $41M |
| General & Administrative | $95M |
| SG&A Expenses | $136M |
| Other Expenses | $0 |
| Operating Expenses | $310M |
| Cost & Expenses | $423M |
| OPERATING INCOME | -$167M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $65M |
| INCOME BEFORE TAX | -$102M |
| Income Tax Expense | $939.0K |
| Net Income from Continuing Ops | -$103M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$103M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$103M |
| D&A | $6M |
| EBIT | -$102M |
| EBITDA | -$96M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$103M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $43M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$50M |
| Change in Working Capital | $118M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$313M |
| Sales/Maturities of Investments | $372M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $58M |
| Net Debt Issuance | -$58.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $75M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $231M |
| Short-Term Investments | $165M |
| Net Receivables | $83M |
| Inventory | $0 |
| Other Current Assets | $41M |
| TOTAL CURRENT ASSETS | $519M |
| PP&E (Net) | $122M |
| Goodwill | $5M |
| Intangible Assets | $0 |
| Long-Term Investments | $74M |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $207M |
| TOTAL ASSETS | $726M |
| Account Payables | $11M |
| Short-Term Debt | $16M |
| Deferred Revenue | $113M |
| Other Current Liabilities | $48M |
| TOTAL CURRENT LIABILITIES | $189M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $79M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $173M |
| TOTAL LIABILITIES | $362M |
| Common Stock | $645.0K |
| Additional Paid-In Capital | $992M |
| Retained Earnings | -$629M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $107.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $364M |
| Minority Interest | $0 |
| TOTAL EQUITY | $364M |
| TOTAL LIABILITIES & EQUITY | $726M |
| Total Debt | $109M |
| Net Debt | -$121M |
