ACCURAY INC
For the period ended Jun 30, 2025. Filed Aug 28, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Aug 28, 2025
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Consolidated Statements of Operations and Comprehensive Income (Loss)
(in thousands, except per share amounts)
| Years Ended June 30, | ||
|---|---|---|
| 2025 | 2024 | |
| Net revenue: | ||
| Products (a) | $237,580 | $234,164 |
| Services (b) | 220,925 | 212,387 |
| Total net revenue | 458,505 | 446,551 |
| Cost of revenue: | ||
| Cost of products | 162,569 | 161,061 |
| Cost of services | 148,969 | 142,569 |
| Total cost of revenue (c) | 311,538 | 303,630 |
| Gross profit | 146,967 | 142,921 |
| Operating expenses: | ||
| Research and development (d) | 47,942 | 49,732 |
| Selling and marketing | 43,315 | 42,619 |
| General and administrative | 47,871 | 50,066 |
| Total operating expenses | 139,128 | 142,417 |
| Income from operations | 7,839 | 504 |
| Income from equity method investment | 4,714 | 1,838 |
| Interest expense | (12,954) | (11,624) |
| Gain on extinguishment of debt | 1,475 | — |
| Loss from change in fair value of warrant liability | (499) | — |
| Other income (expense), net | 559 | (2,538) |
| Income (loss) before provision for income taxes | 1,134 | (11,820) |
| Provision for income taxes | 2,725 | 3,725 |
| Net loss | $(1,591) | $(15,545) |
| Net loss per share - basic and diluted | $(0.02) | $(0.16) |
| Weighted average common shares used in computing net loss per share: | ||
| Basic and diluted | 102,768 | 98,272 |
| Net loss | $(1,591) | $(15,545) |
| Foreign currency translation adjustment | 1,557 | (2,445) |
| Change in defined benefit pension obligation | 828 | (2,199) |
| Comprehensive income (loss) | $794 | $(20,189) |
(a)
Includes sales of products to the joint venture, an equity method investment, of$101,563 during the year ended June 30, 2025, and$77,497 during the year ended June 30, 2024. See Note 11.
(b)
Includes sales of services to the joint venture, an equity method investment, of$18,521 during the year ended June 30, 2025, and$15,039 during the year ended June 30, 2024. See Note 11.
(c)
Includes cost of revenue from sales to the joint venture, an equity method investment, of$74,421 during the year ended June 30, 2025, and$59,853 during the year ended June 30, 2024. See Note 11.
(d)
Includes charge backs to the joint venture, an equity method investment, related to research and development of$1,482 during the year ended June 30, 2025 and $942 during the year ended June 30, 2024.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.