| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $272M | — | $200M | — | 36.4% |
| Op. Income | $36M | — | $9M | — | 312.6% |
| Gross Margin | 75.1% | — | 75.3% | — | -0.3pp |
| Net Margin | -1.9% | — | -8.8% | — | 6.9pp |
| EPS (Diluted) | $-0.14 | — | $-0.49 | — | 71.4% |
| Free Cash Flow | $43M | — | -$61M | — | 170.6% |
| Item | Amount |
|---|---|
| REVENUE | $272M |
| Cost of Revenue | $68M |
| GROSS PROFIT | $204M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $153M |
| Other Expenses | $0 |
| Operating Expenses | $168M |
| Cost & Expenses | $236M |
| OPERATING INCOME | $36M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$40M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $1M |
| NET INCOME | -$5M |
| D&A | $20M |
| EBIT | $36M |
| EBITDA | $56M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $17M |
| Change in Working Capital | $185.0K |
| OPERATING CASH FLOW | $44M |
| Capital Expenditure | -$887.0K |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $12M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$25M |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | $43M |
| Net Change in Cash | $26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $73M |
| Short-Term Investments | $0 |
| Net Receivables | $111M |
| Inventory | $14M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $212M |
| PP&E (Net) | $11M |
| Goodwill | $332.0K |
| Intangible Assets | $175M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $188M |
| TOTAL ASSETS | $399M |
| Account Payables | $35M |
| Short-Term Debt | $887.0K |
| Deferred Revenue | $788.0K |
| Other Current Liabilities | $59M |
| TOTAL CURRENT LIABILITIES | $96M |
| Long-Term Debt | $243M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $251M |
| TOTAL LIABILITIES | $347M |
| Common Stock | $37.0K |
| Additional Paid-In Capital | $209M |
| Retained Earnings | -$157M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $52M |
| Minority Interest | -$355.0K |
| TOTAL EQUITY | $52M |
| TOTAL LIABILITIES & EQUITY | $399M |
| Total Debt | $252M |
| Net Debt | $179M |
