Revenue: As of FY2025 Q2, the actual value is USD 1.202 M.EPS: As of FY2025 Q2, the actual value is USD -0.48.EBIT: As of FY2025 Q2, the actual value is USD -17.24 M.<h3>Segment Revenue</h3><ul><li>Commercial Revenue: $1,016 thousand for the three months ended June 30, 2025, compared to $1,100 thousand for the same period in 2024. For the six months ended June 30, 2025, commercial revenue was $1,948 thousand, compared to $2,141 thousand in 2024.</li><li>Government Contracts Revenue: $186 thousand for the three months ended June 30, 2025, compared to $5 thousand for the same period in 2024. For the six months ended June 30, 2025, government contracts revenue was $793 thousand, compared to $10 thousand in 2024.</li></ul><h3>Operational Metrics</h3><ul><li>Net Loss: - $63,195 thousand for the three months ended June 30, 2025, compared to - $24,390 thousand for the same period in 2024. For the six months ended June 30, 2025, net loss was - $121,774 thousand, compared to - $56,000 thousand in 2024.</li><li>Operating Loss: - $17,240 thousand for the three months ended June 30, 2025, compared to - $15,332 thousand for the same period in 2024. For the six months ended June 30, 2025, operating loss was - $34,244 thousand, compared to - $31,481 thousand in 2024.</li><li>Operating Costs: Total operating expenses were $18,442 thousand for the three months ended June 30, 2025, compared to $16,437 thousand for the same period in 2024. For the six months ended June 30, 2025, total operating expenses were $36,985 thousand, compared to $33,632 thousand in 2024.</li></ul><h3>Cash Flow</h3><ul><li>Operating Cash Flow: Net cash used in operating activities was - $25,703 thousand for the six months ended June 30, 2025, compared to - $19,279 thousand for the same period in 2024.</li></ul><h3>Unique Metrics</h3><ul><li>Change in Fair Value of Warrants and Derivative Liabilities: - $39,494 thousand for the three months ended June 30, 2025, compared to - $8,490 thousand for the same period in 2024. For the six months ended June 30, 2025, the change in fair value was - $57,976 thousand, compared to - $21,666 thousand in 2024.</li><li>Debt Extinguishment Loss: - $14,434 thousand for the six months ended June 30, 2025.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: The company expects to continue investing in ongoing research and development and its PNT networks. It believes that its cash and cash equivalents and marketable securities as of June 30, 2025, will be sufficient to meet its working capital and capital expenditure needs beyond the next 12 months.</li><li>Non-Core Business: The company is pursuing regulatory changes to the Lower 900 MHz band and its spectrum licenses to improve the efficiency, flexibility, and scale of its operations, enabling the delivery of high-quality PNT based on a 5G broadband network.</li><li>Priority: The company is focused on optimizing expenses in light of business growth and adapting to changes in the economic environment. It plans to meet longer-term cash requirements through a combination of existing cash balances, cash flows from operations, and issuance of equity securities or debt offerings.</li></ul>

NextNav - CW27 | 10-Q: FY2025 Q2 Revenue: USD 1.202 M