| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $669M | — | $511M | — | 31.0% |
| Op. Income | -$105M | — | -$59M | — | -78.7% |
| Gross Margin | 23.0% | — | 25.2% | — | -2.2pp |
| Net Margin | -16.7% | — | -12.3% | — | -4.3pp |
| EPS (Diluted) | $-0.44 | — | $-0.27 | — | -63.0% |
| Free Cash Flow | $65M | — | $18M | — | 266.6% |
| Item | Amount |
|---|---|
| REVENUE | $669M |
| Cost of Revenue | $516M |
| GROSS PROFIT | $154M |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $227M |
| Other Expenses | $0 |
| Operating Expenses | $258M |
| Cost & Expenses | $774M |
| OPERATING INCOME | -$105M |
| Interest Income | $0 |
| Interest Expense | $6.0K |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | -$114M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$112M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$112M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$112M |
| D&A | $72M |
| EBIT | -$105M |
| EBITDA | -$33M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$112M |
| Depreciation & Amortization | $72M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $118M |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | $86M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | -$15M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$93M |
| Net Debt Issuance | -$21.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $144M |
| FREE CASH FLOW | $65M |
| Net Change in Cash | $145M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $281M |
| Short-Term Investments | $0 |
| Net Receivables | $188M |
| Inventory | $0 |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $550M |
| PP&E (Net) | $61M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $33M |
| Tax Assets | $2M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $581M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $112M |
| Short-Term Debt | $5M |
| Deferred Revenue | $97M |
| Other Current Liabilities | $139M |
| TOTAL CURRENT LIABILITIES | $353M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $53M |
| TOTAL LIABILITIES | $406M |
| Common Stock | $3M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$1.2B |
| Treasury Stock | -$18M |
| Accum. Other Comp. Income | -$54M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $724M |
| Minority Interest | $0 |
| TOTAL EQUITY | $724M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $30M |
| Net Debt | -$250M |
