Financial Performance - Rambus achieved record quarterly product revenue, with Memory Interface Chips up by 52% year-over-year[8] - Q1 2025 revenue reached $166.7 million[10] - Q1 2025 cash from operations was $77.4 million[10] - Non-GAAP operating income for Q1 2025 was $76.3 million[10] - Total cash and marketable securities reached $514.4 million in Q1 2025[12] Q2 2025 Outlook (Non-GAAP) - Product revenue is projected to be between $77 million and $83 million[15] - Licensing billings are expected to be between $64 million and $70 million[15] - Contract & Other Revenue is expected to be between $17 million and $23 million[15] - Total operating costs are projected to be between $90 million and $94 million, excluding certain expenses[15, 16] Strategic Focus - The company is focused on expanding its product portfolio and sustaining technical leadership in the data center market, particularly with AI applications[18]