| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $217M | — | $275M | — | -21.1% |
| Op. Income | $17M | — | -$102M | — | 116.2% |
| Gross Margin | 62.4% | — | 70.5% | — | -8.1pp |
| Net Margin | -17.9% | — | -41.0% | — | 23.1pp |
| EPS (Diluted) | $-1.56 | — | $-4.26 | — | 63.4% |
| Free Cash Flow | $24M | — | $23M | — | 4.7% |
| Item | Amount |
|---|---|
| REVENUE | $217M |
| Cost of Revenue | $82M |
| GROSS PROFIT | $135M |
| R&D Expenses | $37M |
| Selling & Marketing | $44M |
| General & Administrative | $38M |
| SG&A Expenses | $82M |
| Other Expenses | $0 |
| Operating Expenses | $119M |
| Cost & Expenses | $200M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$55M |
| INCOME BEFORE TAX | -$39M |
| Income Tax Expense | $232.0K |
| Net Income from Continuing Ops | -$39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$45M |
| D&A | $32M |
| EBIT | $17M |
| EBITDA | $49M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$39M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $34M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $26M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | $9M |
| Net Debt Issuance | -$62M |
| Common Stock Repurchased | -$137.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$63M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | -$27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $29M |
| Short-Term Investments | $0 |
| Net Receivables | $31M |
| Inventory | $0 |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $75M |
| PP&E (Net) | $4M |
| Goodwill | $260M |
| Intangible Assets | $62M |
| Long-Term Investments | $863.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $338M |
| TOTAL ASSETS | $413M |
| Account Payables | $2M |
| Short-Term Debt | $9M |
| Deferred Revenue | $75M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $94M |
| Long-Term Debt | $354M |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $505.0K |
| TOTAL NON-CURRENT LIABILITIES | $368M |
| TOTAL LIABILITIES | $332M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $607M |
| Retained Earnings | -$641M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $81M |
| Minority Interest | $0 |
| TOTAL EQUITY | $81M |
| TOTAL LIABILITIES & EQUITY | $413M |
| Total Debt | $364M |
| Net Debt | $335M |
