| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | — | $2.0B | — | -12.2% |
| Op. Income | -$215M | — | $122M | — | -276.1% |
| Gross Margin | -4.7% | — | 11.0% | — | -15.7pp |
| Net Margin | -9.1% | — | 3.8% | — | -12.8pp |
| EPS (Diluted) | $-1.50 | — | $0.51 | — | -392.9% |
| Free Cash Flow | -$330M | — | -$143M | — | -131.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | -$84M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $122M |
| Other Expenses | $9M |
| Operating Expenses | $131M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | -$215M |
| Interest Income | $0 |
| Interest Expense | $35M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | -$208M |
| Income Tax Expense | -$45M |
| Net Income from Continuing Ops | -$163M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$163M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$163M |
| D&A | $100M |
| EBIT | -$236M |
| EBITDA | -$136M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$163M |
| Depreciation & Amortization | $114M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$67M |
| Change in Working Capital | $60M |
| OPERATING CASH FLOW | -$38M |
| Capital Expenditure | -$292M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $27M |
| NET CASH FROM INVESTING | -$265M |
| Net Debt Issuance | $47M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$21M |
| Other Financing Activities | $426M |
| NET CASH FROM FINANCING | $452M |
| FREE CASH FLOW | -$330M |
| Net Change in Cash | -$109M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $195M |
| Short-Term Investments | $0 |
| Net Receivables | $156M |
| Inventory | $643M |
| Other Current Assets | $76M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $1.2B |
| Goodwill | $0 |
| Intangible Assets | $365.4K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $107M |
| Short-Term Debt | $19M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $50M |
| TOTAL CURRENT LIABILITIES | $358M |
| Long-Term Debt | $471M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $395M |
| TOTAL NON-CURRENT LIABILITIES | $868M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $712M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $75M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $315M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $492M |
| Net Debt | $297M |
