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NXDR • CIK 0001846069
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | $218,309 | $247,276 | $257,646 | $274,600 |
| Operating Income (Loss) | $-172,284 | $-121,639 | $-71,942 | $-45,649 |
| Investment Income, Interest | $25,780 | $24,381 | $18,758 | $16,872 |
| Other Nonoperating Income (Expense) | $-505 | $-99 | $605 | $-5 |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $-147,009 | $-97,357 | $-52,579 | $-28,782 |
| Income Tax Expense (Benefit) | $756 | $706 | $1,625 | $1,647 |
| Net Income (Loss) Attributable to Parent | $-147,765 | $-98,063 | $-54,204 | $-30,429 |
| Weighted Average Number of Shares Outstanding, Basic | 379,254,000 | 385,113,000 | 386,327,000 | 386,733,000 |
| Cost of Revenue | $41,613 | $41,850 | $40,987 | $43,420 |
| Research and Development Expense | $149,998 | $127,939 | $135,205 | $132,090 |
| Selling and Marketing Expense | $122,925 | $106,977 | $91,029 | $85,283 |
| General and Administrative Expense | $76,057 | $92,149 | $62,367 | $59,456 |
| Costs and Expenses | $390,593 | $368,915 | $329,588 | $320,249 |
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| Restricted Cash, Noncurrent | $11,171 | $11,171 | $8,379 | $8,156 |
| Property, Plant and Equipment, Net | $8,082 | $2,748 | $1,639 | $1,282 |
| Operating Lease, Right-of-Use Asset | $56,968 | $14,447 | $11,575 | $10,039 |
| Goodwill | $1,211 | $1,211 | $1,211 | $1,211 |
| Other Assets, Noncurrent | $8,891 | $17,427 | $15,760 | $15,490 |
| Assets | $654,564 | $513,953 | $486,803 | $461,864 |
| Operating Lease, Liability, Noncurrent | $60,378 | $32,251 | $23,351 | $18,854 |
| Other Liabilities, Noncurrent | $218 | $270 | $221 | $294 |
| Liabilities | $96,007 | $60,465 | $55,520 | $51,238 |
| Cash and Cash Equivalents, at Carrying Value | $60,233 | $45,550 | $63,341 | $63,551 |
| Debt Securities, Available-for-sale, Current | $470,868 | $381,429 | $341,429 | $314,422 |
| Accounts Receivable, after Allowance for Credit Loss, Current | $26,233 | $31,173 | $34,385 | $37,974 |
| Prepaid Expense and Other Assets, Current | $9,606 | $8,540 | $9,084 | $9,739 |
| Assets, Current | $566,940 | $466,692 | $448,239 | $425,686 |
| Accounts Payable, Current | $1,895 | $249 | $2,498 | $2,266 |
| Operating Lease, Liability, Current | $6,208 | $8,495 | $8,900 | $8,842 |
| Accrued Liabilities, Current | $27,308 | $19,200 | $20,550 | $20,982 |
| Liabilities, Current | $35,411 | $27,944 | $31,948 | $32,090 |
| Temporary Equity, Par Value | $0 | $0 | $0 | $0 |
| Additional Paid in Capital | $1,323,595 | $1,316,616 | $1,347,968 | $1,342,480 |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | $943 | $917 | $1,563 | $-67 |
| Retained Earnings (Accumulated Deficit) | $-766,020 | $-864,083 | $-918,287 | $-931,826 |
| Stockholders' Equity Attributable to Parent | $558,557 | $453,488 | $431,283 | $410,626 |
| Accounts Receivable, Allowance for Credit Loss, Current | $385 | $380 | $491 | $517 |
| Temporary Equity, Shares Authorized | 50,000,000 | 50,000,000 | 50,000,000 | 50,000,000 |
| Temporary Equity, Shares Issued | 0 | 0 | 0 | 0 |
| Common Stock, Shares, Outstanding | 382,957,639 | — | — | 382,957,639 |
| Property, Plant and Equipment, Gross | $19,301 | $13,688 | $12,984 | $12,984 |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $11,219 | $10,940 | $11,345 | $11,345 |
| Depreciation | $4,000 | $2,900 | $1,700 | $1,700 |
| Employee-related Liabilities, Current | $8,873 | $3,718 | $4,157 | $4,157 |
| Contract with Customer, Liability, Current | $8,294 | $6,803 | $8,027 | $6,900 |
| Other Accrued Liabilities, Current | $7,983 | $7,971 | $7,895 | $7,895 |
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| Net Income (Loss) Attributable to Parent | $-147,765 | $-98,063 | $-54,204 | $-30,429 |
| Net Cash Provided by (Used in) Operating Activities | $-59,273 | $-20,202 | $6,471 | $12,757 |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $35 | $128 | $-53 | $-77 |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $16,168 | $-14,683 | $14,999 | $1,278 |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $71,404 | $56,721 | $71,720 | $69,611 |
| Depreciation, Depletion and Amortization | $5,769 | $3,898 | $1,935 | $1,562 |
| Payments to Acquire Property, Plant, and Equipment | $267 | $404 | $580 | $486 |
| Share-based Payment Arrangement, Noncash Expense | $83,025 | $74,055 | $65,343 | $60,780 |
| Payments to Acquire Debt Securities, Available-for-sale | $590,610 | $289,794 | $292,164 | $259,242 |
| Operating Lease, Impairment Loss | — | $22,760 | $0 | $0 |
| Proceeds from Sale of Debt Securities, Available-for-sale | $155,418 | $185,604 | $141,944 | $122,915 |
| Accretion (Amortization) of Discounts and Premiums, Investments | $8,607 | $5,458 | $2,307 | $1,369 |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $504,449 | $198,520 | $193,371 | $173,293 |
| Other Noncash Income (Expense) | $347 | $-622 | $145 | $-121 |
| Net Cash Provided by (Used in) Investing Activities | $66,490 | $86,426 | $42,571 | $36,480 |
| Proceeds from Stock Options Exercised | $7,181 | $13,336 | $2,641 | $2,470 |
| Proceeds from Issuance of Common Stock | $2,008 | $1,075 | $1,325 | $1,030 |
| Payment, Tax Withholding, Share-based Payment Arrangement | $273 | $19,916 | $19,065 | $18,360 |
| Payments for Repurchase of Common Stock | $0 | $75,530 | $18,891 | $33,022 |
| Net Cash Provided by (Used in) Financing Activities | $8,916 | $-81,035 | $-33,990 | $-47,882 |
| Cash and Cash Equivalents, at Carrying Value | $60,233 | $45,550 | $63,341 | $62,151 |
| Restricted Cash, Noncurrent | $11,171 | $11,171 | $8,379 | $7,460 |
| Income Taxes Paid | $2,407 | $1,003 | $533 | $533 |
| Increase (Decrease) in Accounts Receivable | $-3,491 | $5,149 | $3,212 | $11,063 |
| Increase (Decrease) in Prepaid Expense and Other Assets | $-3,399 | $-30 | $-1,164 | $270 |
| Increase (Decrease) in Accounts Payable | $-2,640 | $-1,646 | $2,219 | $-1,950 |
| IncreaseDecreaseInOperatingLeaseLiability | $-5,676 | $-6,925 | $-8,495 | $-8,957 |
| Increase (Decrease) in Accrued Liabilities | $5,338 | $-8,055 | $1,301 | $1,328 |