| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $206M | — | $240M | — | -14.3% |
| Op. Income | -$5M | — | $13M | — | -137.1% |
| Gross Margin | 6.3% | — | 100.0% | — | -93.7pp |
| Net Margin | -95.4% | — | -2.5% | — | -93.0pp |
| EPS (Diluted) | $-109.27 | — | $-3.73 | — | -2829.5% |
| Free Cash Flow | -$13M | — | -$7M | — | -97.8% |
| Item | Amount |
|---|---|
| REVENUE | $206M |
| Cost of Revenue | $193M |
| GROSS PROFIT | $13M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $18M |
| Operating Expenses | $18M |
| Cost & Expenses | $211M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$236M |
| INCOME BEFORE TAX | -$241M |
| Income Tax Expense | -$45M |
| Net Income from Continuing Ops | -$197M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$197M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$197M |
| D&A | $6M |
| EBIT | -$5M |
| EBITDA | $1M |
| EPS | -$109 |
| EPS Diluted | -$109 |
| Item | Amount |
|---|---|
| Net Income | -$197M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$45M |
| Other Non-Cash Items | $218M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $10M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $6M |
| Net Debt Issuance | -$975.0K |
| Common Stock Repurchased | -$29.5K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $45M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $60M |
| PP&E (Net) | $70M |
| Goodwill | $0 |
| Intangible Assets | $156M |
| Long-Term Investments | $2M |
| Tax Assets | $24M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $262M |
| TOTAL ASSETS | $323M |
| Account Payables | $26M |
| Short-Term Debt | $10M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $60M |
| Long-Term Debt | $235M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $43M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $312M |
| TOTAL LIABILITIES | $372M |
| Common Stock | $34.9K |
| Additional Paid-In Capital | $157M |
| Retained Earnings | -$177M |
| Treasury Stock | -$29M |
| Accum. Other Comp. Income | $598.4K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$49M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$49M |
| TOTAL LIABILITIES & EQUITY | $323M |
| Total Debt | $271M |
| Net Debt | $261M |
