| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $1.0B | — | 2.3% | — |
| Op. Income | -$27M | $177M | — | -115.5% | — |
| Gross Margin | 52.4% | 64.9% | — | -12.5pp | — |
| Net Margin | -2.3% | 10.6% | — | -12.9pp | — |
| EPS (Diluted) | $-0.37 | $1.68 | — | -122.2% | — |
| Free Cash Flow | $0 | -$681M | — | 100.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $495M |
| GROSS PROFIT | $545M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $219M |
| SG&A Expenses | $225M |
| Other Expenses | $347M |
| Operating Expenses | $572M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | -$27M |
| Interest Income | $875M |
| Interest Expense | $381M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$27M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$24M |
| D&A | $30M |
| EBIT | -$27M |
| EBITDA | $3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$24M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $24M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | -$1.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.3B |
| Short-Term Investments | $0 |
| Net Receivables | $210M |
| Inventory | $0 |
| Other Current Assets | -$210M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $696M |
| Goodwill | $0 |
| Intangible Assets | $91.0K |
| Long-Term Investments | $11.6B |
| Tax Assets | $802.8K |
| Other Non-Current Assets | $228M |
| TOTAL NON-CURRENT ASSETS | $12.5B |
| TOTAL ASSETS | $14.8B |
| Account Payables | $0 |
| Short-Term Debt | $150M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.4B |
| TOTAL CURRENT LIABILITIES | $8.7B |
| Long-Term Debt | $927M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $151M |
| Other Non-Current Liabilities | $1.6B |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $11.4B |
| Common Stock | $460.5K |
| Additional Paid-In Capital | $9M |
| Retained Earnings | $127M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2.2B |
| Other Equity | $1.1B |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $2M |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $14.8B |
| Total Debt | $1.1B |
| Net Debt | -$1.2B |
