| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $306M | — | — | — | — |
| Op. Income | $1M | — | — | — | — |
| Gross Margin | 16.5% | — | — | — | — |
| Net Margin | -0.4% | — | — | — | — |
| EPS (Diluted) | $-0.02 | — | — | — | — |
| Free Cash Flow | -$9M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $306M |
| Cost of Revenue | $255M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $49M |
| General & Administrative | $0 |
| SG&A Expenses | $49M |
| Other Expenses | $0 |
| Operating Expenses | $49M |
| Cost & Expenses | $305M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$760.0K |
| Net Income from Continuing Ops | -$874.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $7M |
| EBIT | $1M |
| EBITDA | $9M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$889.0K |
| Other Non-Cash Items | $972.0K |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $13.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $0 |
| Net Receivables | $54M |
| Inventory | $138M |
| Other Current Assets | $414.0K |
| TOTAL CURRENT ASSETS | $208M |
| PP&E (Net) | $186M |
| Goodwill | $39M |
| Intangible Assets | $155M |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $387M |
| TOTAL ASSETS | $595M |
| Account Payables | $73M |
| Short-Term Debt | $87M |
| Deferred Revenue | $421.0K |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $175M |
| Long-Term Debt | $100M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $27M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $179M |
| TOTAL LIABILITIES | $354M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $606M |
| Retained Earnings | -$359M |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $239M |
| Minority Interest | $2M |
| TOTAL EQUITY | $241M |
| TOTAL LIABILITIES & EQUITY | $595M |
| Total Debt | $238M |
| Net Debt | $226M |
