| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | — | $1.1B | — | 11.3% |
| Op. Income | $25M | — | -$117M | — | 121.7% |
| Gross Margin | 15.3% | — | 17.5% | — | -2.1pp |
| Net Margin | -6.4% | — | -18.4% | — | 12.0pp |
| EPS (Diluted) | $-1.91 | — | $-4.99 | — | 61.7% |
| Free Cash Flow | $128M | — | -$100M | — | 228.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $191M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $113M |
| Other Expenses | $52M |
| Operating Expenses | $165M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $25M |
| Interest Income | $1M |
| Interest Expense | $69M |
| Other Income/Expenses | -$79M |
| INCOME BEFORE TAX | -$54M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | -$80M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$80M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$80M |
| D&A | $103M |
| EBIT | $15M |
| EBITDA | $118M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$80M |
| Depreciation & Amortization | $103M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $58M |
| Change in Working Capital | $109M |
| OPERATING CASH FLOW | $198M |
| Capital Expenditure | -$70M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $20M |
| NET CASH FROM INVESTING | -$50M |
| Net Debt Issuance | -$77M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$31M |
| NET CASH FROM FINANCING | -$108M |
| FREE CASH FLOW | $128M |
| Net Change in Cash | $40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $60M |
| Short-Term Investments | $0 |
| Net Receivables | $180M |
| Inventory | $312M |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $572M |
| PP&E (Net) | $770M |
| Goodwill | $6M |
| Intangible Assets | $23M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $147M |
| TOTAL NON-CURRENT ASSETS | $947M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $96M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $266M |
| Long-Term Debt | $832M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $54M |
| Other Non-Current Liabilities | $126M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $400.0K |
| Additional Paid-In Capital | $430M |
| Retained Earnings | -$78M |
| Treasury Stock | -$11M |
| Accum. Other Comp. Income | -$108M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $234M |
| Minority Interest | $0 |
| TOTAL EQUITY | $234M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $848M |
| Net Debt | $788M |
