| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $164M | — | $152M | — | 7.7% |
| Op. Income | $79M | — | $85M | — | -6.1% |
| Gross Margin | 66.4% | — | 71.7% | — | -5.2pp |
| Net Margin | 43.1% | — | 54.8% | — | -11.7pp |
| EPS (Diluted) | $1.47 | — | $2.05 | — | -28.3% |
| Free Cash Flow | -$217M | — | -$189M | — | -15.3% |
| Item | Amount |
|---|---|
| REVENUE | $164M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $109M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $19M |
| Operating Expenses | $29M |
| Cost & Expenses | $84M |
| OPERATING INCOME | $79M |
| Interest Income | $187M |
| Interest Expense | $55M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $79M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $71M |
| Net Income Deductions | -$5M |
| BOTTOM LINE NET INCOME | $75M |
| D&A | $6M |
| EBIT | $79M |
| EBITDA | $85M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $164M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $109M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $19M |
| Operating Expenses | $29M |
| Cost & Expenses | $84M |
| OPERATING INCOME | $79M |
| Interest Income | $187M |
| Interest Expense | $55M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $79M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $71M |
| Net Income Deductions | -$5M |
| BOTTOM LINE NET INCOME | $75M |
| D&A | $6M |
| EBIT | $79M |
| EBITDA | $85M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $71M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$289M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$217M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$620M |
| Sales/Maturities of Investments | $295M |
| Other Investing Activities | $324M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $183M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$125M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $232M |
| FREE CASH FLOW | -$217M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $0 |
| Net Receivables | $32M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $76M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.8B |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $956M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $43M |
| TOTAL NON-CURRENT LIABILITIES | $999M |
| TOTAL LIABILITIES | $999M |
| Common Stock | $13M |
| Additional Paid-In Capital | $959M |
| Retained Earnings | -$89M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $884M |
| Minority Interest | $0 |
| TOTAL EQUITY | $884M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $956M |
| Net Debt | $913M |
