| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $653M | — | — | — | — |
| Op. Income | $2.4B | — | — | — | — |
| Gross Margin | -12.9% | — | — | — | — |
| Net Margin | -142.7% | — | — | — | — |
| EPS (Diluted) | $-1.78 | — | — | — | — |
| Free Cash Flow | $99M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $653M |
| Cost of Revenue | $737M |
| GROSS PROFIT | -$84M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $114M |
| Other Expenses | -$2.6B |
| Operating Expenses | -$2.5B |
| Cost & Expenses | -$1.7B |
| OPERATING INCOME | $2.4B |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$3.1B |
| INCOME BEFORE TAX | -$713M |
| Income Tax Expense | $220M |
| Net Income from Continuing Ops | -$933M |
| Net Income from Discontinued Ops | $1M |
| Other Adjustments | $0 |
| NET INCOME | -$932M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$932M |
| D&A | $103M |
| EBIT | -$689M |
| EBITDA | -$586M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$933M |
| Depreciation & Amortization | $103M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $205M |
| Other Non-Cash Items | $754M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $124M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$21M |
| Other Financing Activities | $21M |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $99M |
| Net Change in Cash | -$159M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $273M |
| Short-Term Investments | $0 |
| Net Receivables | $387M |
| Inventory | $0 |
| Other Current Assets | $482M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $378M |
| Goodwill | $83M |
| Intangible Assets | $2.6B |
| Long-Term Investments | $0 |
| Tax Assets | $15M |
| Other Non-Current Assets | $377M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $253M |
| Short-Term Debt | $20M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $601M |
| TOTAL CURRENT LIABILITIES | $874M |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $649M |
| TOTAL NON-CURRENT LIABILITIES | $2.6B |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $0 |
| Additional Paid-In Capital | $5.1B |
| Retained Earnings | -$3.8B |
| Treasury Stock | -$284M |
| Accum. Other Comp. Income | $20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $2M |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $2.0B |
| Net Debt | $1.7B |
