| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $688M | — | $708M | — | -2.8% |
| Op. Income | $51M | — | -$71M | — | 171.1% |
| Gross Margin | 99.9% | — | 12.3% | — | 87.6pp |
| Net Margin | 6.9% | — | -11.5% | — | 18.4pp |
| EPS (Diluted) | $0.79 | — | $-3.06 | — | 125.8% |
| Free Cash Flow | -$24M | — | -$252M | — | 90.6% |
| Item | Amount |
|---|---|
| REVENUE | $688M |
| Cost of Revenue | $363.0K |
| GROSS PROFIT | $687M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $638M |
| Operating Expenses | $638M |
| Cost & Expenses | $638M |
| OPERATING INCOME | $51M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | $723.0K |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $723.0K |
| NET INCOME | $47M |
| D&A | -$717.0K |
| EBIT | $74M |
| EBITDA | $73M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $688M |
| Cost of Revenue | $363.0K |
| GROSS PROFIT | $687M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $638M |
| Operating Expenses | $638M |
| Cost & Expenses | $638M |
| OPERATING INCOME | $51M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | $723.0K |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $723.0K |
| NET INCOME | $47M |
| D&A | -$717.0K |
| EBIT | $74M |
| EBITDA | $73M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $47M |
| Depreciation & Amortization | $521.0K |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$14M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$62M |
| OPERATING CASH FLOW | -$19M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$116M |
| NET CASH FROM INVESTING | -$116M |
| Net Debt Issuance | $24M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$745.0K |
| NET CASH FROM FINANCING | $13M |
| FREE CASH FLOW | -$24M |
| Net Change in Cash | -$122M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $261M |
| Short-Term Investments | $1.4B |
| Net Receivables | $154M |
| Inventory | $0 |
| Other Current Assets | -$1.4B |
| TOTAL CURRENT ASSETS | $423M |
| PP&E (Net) | $0 |
| Goodwill | $182M |
| Intangible Assets | $32M |
| Long-Term Investments | $1.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $823M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $68M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$82M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $330M |
| Deferred Revenue NC | $87M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.6B |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $9.0K |
| Additional Paid-In Capital | $938M |
| Retained Earnings | -$365M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$35M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $671M |
| Minority Interest | $0 |
| TOTAL EQUITY | $671M |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $330M |
| Net Debt | $69M |
