| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $196M | — | $245M | — | -19.9% |
| Op. Income | -$69M | — | $16M | — | -528.3% |
| Gross Margin | -6.2% | — | 37.4% | — | -43.6pp |
| Net Margin | -28.6% | — | 5.1% | — | -33.7pp |
| EPS (Diluted) | $-4.17 | — | $0.81 | — | -614.8% |
| Free Cash Flow | -$10M | — | $31M | — | -132.5% |
| Item | Amount |
|---|---|
| REVENUE | $196M |
| Cost of Revenue | $208M |
| GROSS PROFIT | -$12M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $41M |
| SG&A Expenses | $41M |
| Other Expenses | $16M |
| Operating Expenses | $56M |
| Cost & Expenses | $265M |
| OPERATING INCOME | -$69M |
| Interest Income | $213M |
| Interest Expense | $126M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$69M |
| Income Tax Expense | -$13M |
| Net Income from Continuing Ops | -$56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$58M |
| D&A | $0 |
| EBIT | -$69M |
| EBITDA | -$69M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$56M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $95M |
| Change in Working Capital | -$52M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$589M |
| Sales/Maturities of Investments | $202M |
| Other Investing Activities | $518M |
| NET CASH FROM INVESTING | $130M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$560.0K |
| Other Financing Activities | $157M |
| NET CASH FROM FINANCING | $160M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | $281M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $846M |
| Short-Term Investments | $551.0K |
| Net Receivables | $12M |
| Inventory | $0 |
| Other Current Assets | -$551.0K |
| TOTAL CURRENT ASSETS | $858M |
| PP&E (Net) | $60M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $3.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $84M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $4.1B |
| Account Payables | $18M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$18M |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $179M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3.7B |
| TOTAL NON-CURRENT LIABILITIES | $3.9B |
| TOTAL LIABILITIES | $3.9B |
| Common Stock | $16M |
| Additional Paid-In Capital | $171M |
| Retained Earnings | $14M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $226M |
| Minority Interest | $0 |
| TOTAL EQUITY | $226M |
| TOTAL LIABILITIES & EQUITY | $4.1B |
| Total Debt | $186M |
| Net Debt | -$660M |
