| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $435M | — | $408M | — | 6.5% |
| Op. Income | -$11M | — | -$19M | — | 45.5% |
| Gross Margin | 32.1% | — | 35.5% | — | -3.4pp |
| Net Margin | 0.3% | — | 2.6% | — | -2.3pp |
| EPS (Diluted) | $0.10 | — | $0.86 | — | -88.4% |
| Free Cash Flow | -$7M | — | $28M | — | -126.0% |
| Item | Amount |
|---|---|
| REVENUE | $435M |
| Cost of Revenue | $295M |
| GROSS PROFIT | $139M |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $89M |
| Other Expenses | $25M |
| Operating Expenses | $150M |
| Cost & Expenses | $445M |
| OPERATING INCOME | -$11M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $8M |
| EBIT | $10M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $182.0K |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | -$18M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | $39M |
| Common Stock Repurchased | -$597.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$20M |
| NET CASH FROM FINANCING | $19M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $60M |
| Short-Term Investments | $0 |
| Net Receivables | $305M |
| Inventory | $84M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $464M |
| PP&E (Net) | $21M |
| Goodwill | $20M |
| Intangible Assets | $27M |
| Long-Term Investments | $0 |
| Tax Assets | $88M |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $170M |
| TOTAL ASSETS | $633M |
| Account Payables | $148M |
| Short-Term Debt | $19M |
| Deferred Revenue | $74M |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $282M |
| Long-Term Debt | $69M |
| Deferred Revenue NC | $8M |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $430.0K |
| TOTAL NON-CURRENT LIABILITIES | $88M |
| TOTAL LIABILITIES | $370M |
| Common Stock | $127.0K |
| Additional Paid-In Capital | $866M |
| Retained Earnings | -$577M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $263M |
| Minority Interest | $0 |
| TOTAL EQUITY | $263M |
| TOTAL LIABILITIES & EQUITY | $633M |
| Total Debt | $91M |
| Net Debt | $31M |
