v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues:        
Total revenues $ 62,236 $ 70,539 $ 191,142 $ 276,699
Cost of revenues:        
Amortization of intangible assets 0 0 0 103
Total cost of revenues 16,348 20,105 52,001 67,322
Gross profit 45,888 50,434 139,141 209,377
Operating expenses:        
Research and development 27,152 31,184 71,353 96,336
Restructuring and other costs, net 850 1,490 14,744 6,746
Sales and marketing 5,916 5,208 15,612 16,898
General and administrative 12,340 9,831 36,293 39,283
Amortization of intangible assets 578 550 1,668 1,650
Goodwill impairment 0 357,076 0 609,172
Total operating expenses 46,836 405,339 139,670 770,085
Loss from operations (948) (354,905) (529) (560,708)
Interest income 895 1,287 3,250 3,909
Interest expense (2,409) (3,104) (8,518) (9,451)
Other income, net 1,673 626 2,444 2,023
Loss before income taxes (789) (356,096) (3,353) (564,227)
Provision for (benefit from) income taxes 1,932 (42,553) 2,000 3,435
Net loss $ (2,721) $ (313,543) $ (5,353) $ (567,662)
Net loss per share:        
Basic (in dollars per share) $ (0.06) $ (7.50) $ (0.12) $ (13.66)
Diluted (in dollars per share) $ (0.06) $ (7.50) $ (0.12) $ (13.66)
Weighted-average common shares outstanding:        
Basic (in shares) 43,262 41,795 43,127 41,566
Diluted (in shares) 43,262 41,795 43,127 41,566
License        
Revenues:        
Total revenues $ 34,176 $ 43,055 $ 108,361 $ 99,405
Cost of revenues:        
Total cost of revenues 1,074 1,795 5,288 4,803
Connected services        
Revenues:        
Total revenues 12,842 10,939 39,197 121,356
Cost of revenues:        
Total cost of revenues 4,805 5,718 16,095 18,380
Professional services        
Revenues:        
Total revenues 15,218 16,545 43,584 55,938
Cost of revenues:        
Total cost of revenues $ 10,469 $ 12,592 $ 30,618 $ 44,036