| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $146M | — | $142M | — | 2.8% |
| Op. Income | -$524M | — | -$166M | — | -216.1% |
| Gross Margin | 100.0% | — | 8.2% | — | 91.8pp |
| Net Margin | -398.7% | — | -111.5% | — | -287.2pp |
| EPS (Diluted) | $-4.97 | — | $-0.99 | — | -404.1% |
| Free Cash Flow | -$226M | — | -$115M | — | -96.5% |
| Item | Amount |
|---|---|
| REVENUE | $146M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $146M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $670M |
| Operating Expenses | $670M |
| Cost & Expenses | $670M |
| OPERATING INCOME | -$524M |
| Interest Income | $180M |
| Interest Expense | $70M |
| Other Income/Expenses | -$65M |
| INCOME BEFORE TAX | -$589M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | -$583M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$583M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$583M |
| D&A | $0 |
| EBIT | -$518M |
| EBITDA | -$518M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$583M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $341M |
| Change in Working Capital | $24M |
| OPERATING CASH FLOW | -$218M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $123M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$163M |
| NET CASH FROM INVESTING | -$48M |
| Net Debt Issuance | $127M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$47M |
| NET CASH FROM FINANCING | $521M |
| FREE CASH FLOW | -$226M |
| Net Change in Cash | $296M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $367M |
| Short-Term Investments | $440M |
| Net Receivables | $220M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $140M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $627M |
| TOTAL NON-CURRENT ASSETS | $782M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $0 |
| Short-Term Debt | $633M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $633M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $614M |
| TOTAL NON-CURRENT LIABILITIES | $635M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $118.0K |
| Additional Paid-In Capital | $2.6B |
| Retained Earnings | -$2.0B |
| Treasury Stock | -$568.0K |
| Accum. Other Comp. Income | $887.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $541M |
| Minority Interest | $0 |
| TOTAL EQUITY | $541M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $654M |
| Net Debt | $287M |
