| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | — | $14M | — | 18.9% |
| Op. Income | -$78M | — | -$100M | — | 22.1% |
| Gross Margin | 51.1% | — | 49.0% | — | 2.1pp |
| Net Margin | -444.0% | — | -620.9% | — | 177.0pp |
| EPS (Diluted) | $-1.28 | — | $-1.39 | — | 7.9% |
| Free Cash Flow | -$46M | — | -$50M | — | 6.9% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $8M |
| R&D Expenses | $44M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $43M |
| Other Expenses | $0 |
| Operating Expenses | $86M |
| Cost & Expenses | $95M |
| OPERATING INCOME | -$78M |
| Interest Income | $12M |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | -$73M |
| Income Tax Expense | $201.0K |
| Net Income from Continuing Ops | -$74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$74M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$74M |
| D&A | $7M |
| EBIT | -$73M |
| EBITDA | -$66M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$74M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$579.0K |
| OPERATING CASH FLOW | -$44M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$173M |
| Sales/Maturities of Investments | $238M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | $62M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$827.0K |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | -$46M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $47M |
| Short-Term Investments | $139M |
| Net Receivables | $6M |
| Inventory | $8M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $202M |
| PP&E (Net) | $35M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $55M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $95M |
| TOTAL ASSETS | $296M |
| Account Payables | $6M |
| Short-Term Debt | $3M |
| Deferred Revenue | $341.0K |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $21M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8.0K |
| TOTAL NON-CURRENT LIABILITIES | $21M |
| TOTAL LIABILITIES | $37M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$466M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $725M |
| TOTAL STOCKHOLDERS' EQUITY | $259M |
| Minority Interest | $0 |
| TOTAL EQUITY | $259M |
| TOTAL LIABILITIES & EQUITY | $296M |
| Total Debt | $24M |
| Net Debt | -$24M |
