| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $185M | — | $72M | — | 158.8% |
| Op. Income | $7M | — | $484M | — | -98.6% |
| Gross Margin | 18.9% | — | 44.8% | — | -25.9pp |
| Net Margin | -82.7% | — | 599.6% | — | -682.3pp |
| EPS (Diluted) | $-0.17 | — | $0.47 | — | -136.2% |
| Free Cash Flow | -$80M | — | -$90M | — | 11.3% |
| Item | Amount |
|---|---|
| REVENUE | $185M |
| Cost of Revenue | $150M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $33M |
| SG&A Expenses | $33M |
| Other Expenses | -$5M |
| Operating Expenses | $28M |
| Cost & Expenses | $178M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$178M |
| INCOME BEFORE TAX | -$171M |
| Income Tax Expense | -$18M |
| Net Income from Continuing Ops | -$153M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$153M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$153M |
| D&A | $58M |
| EBIT | $7M |
| EBITDA | $65M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$153M |
| Depreciation & Amortization | $58M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$16M |
| Change in Working Capital | $29M |
| OPERATING CASH FLOW | -$80M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $3M |
| Purchases of Investments | -$405M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$398M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $39M |
| NET CASH FROM FINANCING | $482M |
| FREE CASH FLOW | -$80M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $23.0K |
| TOTAL CURRENT ASSETS | $9M |
| PP&E (Net) | $508M |
| Goodwill | $154M |
| Intangible Assets | $998.0K |
| Long-Term Investments | $574M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.2B |
| Account Payables | $2M |
| Short-Term Debt | $52M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $57M |
| TOTAL CURRENT LIABILITIES | $112M |
| Long-Term Debt | $137M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $332M |
| TOTAL NON-CURRENT LIABILITIES | $469M |
| TOTAL LIABILITIES | $581M |
| Common Stock | $97.0K |
| Additional Paid-In Capital | $718M |
| Retained Earnings | -$53M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $666M |
| Minority Interest | $0 |
| TOTAL EQUITY | $666M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $188M |
| Net Debt | $185M |
