| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.9B | — | $2.7B | — | 46.1% |
| Op. Income | $15M | — | -$102M | — | 114.5% |
| Gross Margin | 12.4% | — | 11.0% | — | 1.4pp |
| Net Margin | -0.0% | — | -4.7% | — | 4.7pp |
| EPS (Diluted) | $-0.00 | — | $-0.67 | — | 99.4% |
| Free Cash Flow | $113M | — | -$7M | — | 1802.0% |
| Item | Amount |
|---|---|
| REVENUE | $3.9B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $489M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $443M |
| Other Expenses | $30M |
| Operating Expenses | $474M |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | $15M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | -$958.0K |
| Income Tax Expense | $20.0K |
| Net Income from Continuing Ops | -$978.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$724.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$724.0K |
| D&A | $30M |
| EBIT | $15M |
| EBITDA | $45M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$724.0K |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $62M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $46M |
| OPERATING CASH FLOW | $140M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | -$66M |
| Sales/Maturities of Investments | $76M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$26.0K |
| NET CASH FROM FINANCING | $18M |
| FREE CASH FLOW | $113M |
| Net Change in Cash | $143M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $578M |
| Short-Term Investments | $0 |
| Net Receivables | $253M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $831M |
| PP&E (Net) | $71M |
| Goodwill | $32M |
| Intangible Assets | $5M |
| Long-Term Investments | $28M |
| Tax Assets | $0 |
| Other Non-Current Assets | $98M |
| TOTAL NON-CURRENT ASSETS | $235M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $475M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $477M |
| Long-Term Debt | $323M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $74M |
| TOTAL NON-CURRENT LIABILITIES | $410M |
| TOTAL LIABILITIES | $887M |
| Common Stock | $205.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $179M |
| Minority Interest | $0 |
| TOTAL EQUITY | $179M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $338M |
| Net Debt | -$240M |
