Revenue: As of FY2025 Q2, the actual value is USD 41.71 M.EPS: As of FY2025 Q2, the actual value is USD -0.02.<h3>Segment Revenue</h3><ul><li>Net Sales: For the three months ended June 28, 2025, net sales were $41.7 million, an increase of 13% compared to $36.8 million for the same period in 2024. For the six months ended June 28, 2025, net sales were $70.7 million, a decrease of 3% compared to $72.6 million for the same period in 2024.</li></ul><h3>Operational Metrics</h3><ul><li>Gross Profit: Gross profit for the three months ended June 28, 2025, was $1.4 million, an increase of 80% compared to $0.8 million for the same period in 2024. For the six months ended June 28, 2025, gross profit was $2.7 million, an increase of 81% compared to $1.5 million for the same period in 2024.</li><li>Operating Loss: Operating loss for the three months ended June 28, 2025, was - $6.2 million, compared to - $15.1 million for the same period in 2024. For the six months ended June 28, 2025, operating loss was - $16.0 million, compared to - $32.5 million for the same period in 2024.</li><li>Net Loss: Net loss for the three months ended June 28, 2025, was - $6.1 million, compared to - $14.8 million for the same period in 2024. For the six months ended June 28, 2025, net loss was - $15.6 million, compared to - $31.7 million for the same period in 2024.</li></ul><h3>Cash Flow</h3><ul><li>Net Cash Used in Operating Activities: For the six months ended June 28, 2025, net cash used in operating activities was - $17.7 million, compared to - $22.0 million for the same period in 2024.</li><li>Net Cash Provided by Financing Activities: For the six months ended June 28, 2025, net cash provided by financing activities was $12.2 million, compared to $5.7 million for the same period in 2024.</li></ul><h3>Unique Metrics</h3><ul><li>Deferred Revenue: As of June 28, 2025, deferred revenue was $10.3 million, related to advance payments received during the quarter on orders shipped subsequent to the end of the quarter.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: The company plans to continue focusing on developing and launching new products that are attractive to the market and stimulate customer demand. It also aims to monetize, protect, license, expand, and defend its patent portfolio.</li><li>Non-Core Business: The company is involved in multiple lawsuits and administrative actions to protect and assert its intellectual property rights, which requires substantial financial and management resources.</li><li>Priority: The company emphasizes the importance of maintaining effective internal control over financial reporting and has taken steps to remediate identified material weaknesses.</li></ul>

Netlist, Inc. | 10-Q: FY2025 Q2 Revenue: USD 41.71 M