| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $900M | $973M | $863M | -7.6% | 4.3% |
| Op. Income | -$1M | $9M | $9M | -116.4% | -115.9% |
| Gross Margin | 7.6% | 28.9% | 30.2% | -21.2pp | -22.6pp |
| Net Margin | 0.5% | 1.2% | 1.5% | -0.7pp | -1.0pp |
| EPS (Diluted) | $0.02 | $0.05 | $0.06 | -63.9% | -66.7% |
| Item | Amount |
|---|---|
| REVENUE | $900M |
| Cost of Revenue | $831M |
| GROSS PROFIT | $69M |
| R&D Expenses | $32M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $1 |
| Operating Expenses | $70M |
| Cost & Expenses | $901M |
| OPERATING INCOME | -$1M |
| Interest Income | $4M |
| Interest Expense | $408.7K |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $285.3K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $0 |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $162M |
| Short-Term Investments | $420M |
| Net Receivables | $28M |
| Inventory | $100M |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $737M |
| PP&E (Net) | $265M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $289M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $281M |
| Short-Term Debt | $225M |
| Deferred Revenue | $40M |
| Other Current Liabilities | $111M |
| TOTAL CURRENT LIABILITIES | $701M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $153M |
| TOTAL LIABILITIES | $854M |
| Common Stock | $585 |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | -$1.9B |
| Treasury Stock | -$9M |
| Accum. Other Comp. Income | $577.2K |
| Other Equity | -$1 |
| TOTAL STOCKHOLDERS' EQUITY | $152M |
| Minority Interest | $20M |
| TOTAL EQUITY | $172M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $356M |
| Net Debt | $194M |
