- Cash and restricted cash totaled $202.9 million at quarter end, down from $246.9 million in Q1, including $26.8 million used to repurchase convertible notes and $1.3 million for restructuring.
- Indie Semiconductor reported Q2 2025 revenue of $51.6 million, exceeding the midpoint of guidance despite challenging automotive market conditions.
- Net loss was $16.2 million or $0.08 per share on 215.3 million shares outstanding.
- Non-GAAP gross margin was 49.1%, above the midpoint of outlook, with non-GAAP operating loss improving to $14.5 million from $17.2 million a year ago.
- Operating cash usage excluding these events declined to $16 million, reflecting improved operating efficiency and working capital optimization.
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Dafinchi