| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $96M | — | $243M | — | -60.7% |
| Op. Income | -$53M | — | $6M | — | -931.6% |
| Gross Margin | -42.5% | — | 8.1% | — | -50.6pp |
| Net Margin | -51.6% | — | 6.4% | — | -58.0pp |
| EPS (Diluted) | $-1.13 | — | $0.35 | — | -422.9% |
| Free Cash Flow | -$46M | — | $10M | — | -553.7% |
| Item | Amount |
|---|---|
| REVENUE | $96M |
| Cost of Revenue | $136M |
| GROSS PROFIT | -$41M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $149M |
| OPERATING INCOME | -$53M |
| Interest Income | $4M |
| Interest Expense | $153.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$49M |
| Income Tax Expense | $165.0K |
| Net Income from Continuing Ops | -$49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$49M |
| D&A | $10M |
| EBIT | -$54M |
| EBITDA | -$45M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$49M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $137.0K |
| Other Non-Cash Items | -$137.0K |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | -$29M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$376.0K |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | -$46M |
| Net Change in Cash | -$58M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51M |
| Short-Term Investments | $0 |
| Net Receivables | $12M |
| Inventory | $0 |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $101M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $92M |
| TOTAL NON-CURRENT ASSETS | $92M |
| TOTAL ASSETS | $192M |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $20M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $39M |
| TOTAL LIABILITIES | $38M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $204M |
| Retained Earnings | -$49M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $155M |
| Minority Interest | $0 |
| TOTAL EQUITY | $155M |
| TOTAL LIABILITIES & EQUITY | $212M |
| Total Debt | $0 |
| Net Debt | -$51M |
