| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $103M | — | $355M | — | -71.0% |
| Op. Income | -$200M | — | $27M | — | -829.5% |
| Gross Margin | -29.5% | — | 51.2% | — | -80.7pp |
| Net Margin | -145.9% | — | 10.0% | — | -155.8pp |
| EPS (Diluted) | $-3.15 | — | $0.80 | — | -493.8% |
| Free Cash Flow | $42M | — | $1M | — | 3143.4% |
| Item | Amount |
|---|---|
| REVENUE | $103M |
| Cost of Revenue | $134M |
| GROSS PROFIT | -$30M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $108M |
| SG&A Expenses | $108M |
| Other Expenses | $61M |
| Operating Expenses | $169M |
| Cost & Expenses | $303M |
| OPERATING INCOME | -$200M |
| Interest Income | $363M |
| Interest Expense | $133M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$201M |
| Income Tax Expense | -$51M |
| Net Income from Continuing Ops | -$150M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$150M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$150M |
| D&A | $12M |
| EBIT | -$200M |
| EBITDA | -$188M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$177M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $293M |
| Change in Working Capital | -$83M |
| OPERATING CASH FLOW | $46M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$583M |
| Sales/Maturities of Investments | $1.5B |
| Other Investing Activities | $107M |
| NET CASH FROM INVESTING | $1.0B |
| Net Debt Issuance | -$896M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$21M |
| Other Financing Activities | $15M |
| NET CASH FROM FINANCING | -$907M |
| FREE CASH FLOW | $42M |
| Net Change in Cash | $165M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $67M |
| Short-Term Investments | $4M |
| Net Receivables | $30M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $100M |
| PP&E (Net) | $93M |
| Goodwill | $155M |
| Intangible Assets | $7M |
| Long-Term Investments | $5.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$5.8B |
| TOTAL NON-CURRENT ASSETS | $255M |
| TOTAL ASSETS | $6.4B |
| Account Payables | $0 |
| Short-Term Debt | $88M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $88M |
| Long-Term Debt | $316M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.3B |
| TOTAL NON-CURRENT LIABILITIES | $5.7B |
| TOTAL LIABILITIES | $5.7B |
| Common Stock | $0 |
| Additional Paid-In Capital | $459M |
| Retained Earnings | $255M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$26M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $688M |
| Minority Interest | $0 |
| TOTAL EQUITY | $688M |
| TOTAL LIABILITIES & EQUITY | $6.4B |
| Total Debt | $404M |
| Net Debt | $338M |
