| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $772M | — | $614M | — | 25.6% |
| Op. Income | -$230M | — | -$183M | — | -25.8% |
| Gross Margin | 64.9% | — | 61.3% | — | 3.6pp |
| Net Margin | -31.0% | — | -31.8% | — | 0.8pp |
| EPS (Diluted) | $-8.53 | — | $-2.93 | — | -191.1% |
| Free Cash Flow | $15M | — | -$84M | — | 118.3% |
| Item | Amount |
|---|---|
| REVENUE | $772M |
| Cost of Revenue | $271M |
| GROSS PROFIT | $501M |
| R&D Expenses | $263M |
| Selling & Marketing | $224M |
| General & Administrative | $197M |
| SG&A Expenses | $420M |
| Other Expenses | $47M |
| Operating Expenses | $731M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | -$230M |
| Interest Income | $9M |
| Interest Expense | $16M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | -$237M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$239M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$239M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$360M |
| D&A | $80M |
| EBIT | -$221M |
| EBITDA | -$141M |
| EPS | -$9 |
| EPS Diluted | -$9 |
| Item | Amount |
|---|---|
| Net Income | -$239M |
| Depreciation & Amortization | $80M |
| Stock-Based Compensation | $164M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $61M |
| Change in Working Capital | -$30M |
| OPERATING CASH FLOW | $37M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$18M |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | -$72M |
| Common Stock Repurchased | -$19M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $280M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $294M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $442M |
| Short-Term Investments | $0 |
| Net Receivables | $90M |
| Inventory | $0 |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $573M |
| PP&E (Net) | $81M |
| Goodwill | $846M |
| Intangible Assets | $251M |
| Long-Term Investments | $333.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $6M |
| Short-Term Debt | $1M |
| Deferred Revenue | $17M |
| Other Current Liabilities | $64M |
| TOTAL CURRENT LIABILITIES | $153M |
| Long-Term Debt | $104M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $161M |
| TOTAL LIABILITIES | $314M |
| Common Stock | $90.0K |
| Additional Paid-In Capital | $2.6B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $165M |
| Net Debt | -$276M |
