| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $469M | — | — | — | — |
| Op. Income | $46M | — | — | — | — |
| Gross Margin | 23.3% | — | — | — | — |
| Net Margin | -15.2% | — | — | — | — |
| EPS (Diluted) | $-1.10 | — | — | — | — |
| Free Cash Flow | $37M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $469M |
| Cost of Revenue | $360M |
| GROSS PROFIT | $109M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $169M |
| Other Expenses | -$36M |
| Operating Expenses | $133M |
| Cost & Expenses | $423M |
| OPERATING INCOME | $46M |
| Interest Income | $246.0K |
| Interest Expense | $40M |
| Other Income/Expenses | -$152M |
| INCOME BEFORE TAX | -$106M |
| Income Tax Expense | -$27M |
| Net Income from Continuing Ops | -$79M |
| Net Income from Discontinued Ops | $580.0K |
| Other Adjustments | $0 |
| NET INCOME | -$71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$83M |
| D&A | $34M |
| EBIT | -$67M |
| EBITDA | -$33M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$71M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $160M |
| Change in Working Capital | -$42M |
| OPERATING CASH FLOW | $47M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$21M |
| Common Stock Repurchased | -$59.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$59M |
| NET CASH FROM FINANCING | -$31M |
| FREE CASH FLOW | $37M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $68M |
| Short-Term Investments | $0 |
| Net Receivables | $295M |
| Inventory | $404M |
| Other Current Assets | $78M |
| TOTAL CURRENT ASSETS | $845M |
| PP&E (Net) | $210M |
| Goodwill | $895M |
| Intangible Assets | $893M |
| Long-Term Investments | $26M |
| Tax Assets | $0 |
| Other Non-Current Assets | $170M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $96M |
| Short-Term Debt | $38M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $216M |
| TOTAL CURRENT LIABILITIES | $350M |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $104M |
| Other Non-Current Liabilities | $39M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$1.3B |
| Treasury Stock | -$19M |
| Accum. Other Comp. Income | $738.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $442M |
| Minority Interest | $132M |
| TOTAL EQUITY | $574M |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $1.9B |
| Net Debt | $1.8B |
