| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $263M | — | $295M | — | -10.6% |
| Op. Income | $4M | — | $30M | — | -87.6% |
| Gross Margin | 23.9% | — | 93.7% | — | -69.9pp |
| Net Margin | 16.7% | — | 4.4% | — | 12.3pp |
| EPS (Diluted) | $1.03 | — | $0.31 | — | 232.3% |
| Free Cash Flow | -$35M | — | -$21M | — | -67.8% |
| Item | Amount |
|---|---|
| REVENUE | $263M |
| Cost of Revenue | $200M |
| GROSS PROFIT | $63M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $52M |
| SG&A Expenses | $52M |
| Other Expenses | $7M |
| Operating Expenses | $59M |
| Cost & Expenses | $260M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $57M |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $2M |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $41M |
| EBIT | $4M |
| EBITDA | $45M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $263M |
| Cost of Revenue | $200M |
| GROSS PROFIT | $63M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $52M |
| SG&A Expenses | $52M |
| Other Expenses | $7M |
| Operating Expenses | $59M |
| Cost & Expenses | $260M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $57M |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $2M |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $41M |
| EBIT | $4M |
| EBITDA | $45M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $44M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $18M |
| Other Non-Cash Items | -$57M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $49M |
| Capital Expenditure | -$84M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $226M |
| NET CASH FROM INVESTING | $141M |
| Net Debt Issuance | -$127M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$130M |
| FREE CASH FLOW | -$35M |
| Net Change in Cash | $61M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $61M |
| Short-Term Investments | $0 |
| Net Receivables | $30M |
| Inventory | $0 |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $131M |
| PP&E (Net) | $192M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $44M |
| Tax Assets | $233M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $470M |
| TOTAL ASSETS | $601M |
| Account Payables | $24M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $33M |
| TOTAL CURRENT LIABILITIES | $58M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $82M |
| TOTAL NON-CURRENT LIABILITIES | $84M |
| TOTAL LIABILITIES | $142M |
| Common Stock | $407.0K |
| Additional Paid-In Capital | $446M |
| Retained Earnings | $13M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $459M |
| Minority Interest | $0 |
| TOTAL EQUITY | $459M |
| TOTAL LIABILITIES & EQUITY | $601M |
| Total Debt | $4M |
| Net Debt | -$57M |
