| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $377M | — | $313M | — | 20.3% |
| Op. Income | -$136M | — | -$221M | — | 38.3% |
| Gross Margin | 50.7% | — | 42.6% | — | 8.1pp |
| Net Margin | -20.6% | — | -66.7% | — | 46.1pp |
| EPS (Diluted) | $-1.30 | — | $-3.60 | — | 63.9% |
| Free Cash Flow | -$76M | — | -$69M | — | -9.3% |
| Item | Amount |
|---|---|
| REVENUE | $377M |
| Cost of Revenue | $186M |
| GROSS PROFIT | $191M |
| R&D Expenses | $80M |
| Selling & Marketing | $7M |
| General & Administrative | $240M |
| SG&A Expenses | $247M |
| Other Expenses | $0 |
| Operating Expenses | $327M |
| Cost & Expenses | $513M |
| OPERATING INCOME | -$136M |
| Interest Income | $11M |
| Interest Expense | $0 |
| Other Income/Expenses | $59M |
| INCOME BEFORE TAX | -$77M |
| Income Tax Expense | $719.0K |
| Net Income from Continuing Ops | -$78M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$78M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$78M |
| D&A | $25M |
| EBIT | -$77M |
| EBITDA | -$52M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$78M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $64M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$47M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | -$48M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | -$49M |
| Sales/Maturities of Investments | $50M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$16.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $15M |
| NET CASH FROM FINANCING | $29M |
| FREE CASH FLOW | -$76M |
| Net Change in Cash | -$43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $183M |
| Short-Term Investments | $49M |
| Net Receivables | $57M |
| Inventory | $28M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $333M |
| PP&E (Net) | $152M |
| Goodwill | $82M |
| Intangible Assets | $13M |
| Long-Term Investments | $54M |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $309M |
| TOTAL ASSETS | $642M |
| Account Payables | $11M |
| Short-Term Debt | $14M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $91M |
| Long-Term Debt | $62M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$46M |
| TOTAL NON-CURRENT LIABILITIES | $77M |
| TOTAL LIABILITIES | $169M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | -$1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$627.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $473M |
| Minority Interest | $0 |
| TOTAL EQUITY | $473M |
| TOTAL LIABILITIES & EQUITY | $642M |
| Total Debt | $137M |
| Net Debt | -$46M |
