| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | — | $1.0B | — | 2.5% |
| Op. Income | $25M | — | -$7M | — | 457.1% |
| Gross Margin | 21.7% | — | 19.5% | — | 2.2pp |
| Net Margin | -12.0% | — | 9.8% | — | -21.8pp |
| EPS (Diluted) | $-1.78 | — | $0.90 | — | -297.8% |
| Free Cash Flow | $446M | — | -$63M | — | 807.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $837M |
| GROSS PROFIT | $232M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $174M |
| Other Expenses | $0 |
| Operating Expenses | $207M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $25M |
| Interest Income | $10M |
| Interest Expense | $62M |
| Other Income/Expenses | -$137M |
| INCOME BEFORE TAX | -$112M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | -$128M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$128M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$155M |
| D&A | $29M |
| EBIT | $25M |
| EBITDA | $54M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$128M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $572M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $480M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | $5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | -$306M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$314M |
| FREE CASH FLOW | $446M |
| Net Change in Cash | $141M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $337M |
| Short-Term Investments | $0 |
| Net Receivables | $152M |
| Inventory | $218M |
| Other Current Assets | $134M |
| TOTAL CURRENT ASSETS | $841M |
| PP&E (Net) | $239M |
| Goodwill | $12M |
| Intangible Assets | $17M |
| Long-Term Investments | $110M |
| Tax Assets | $0 |
| Other Non-Current Assets | $438M |
| TOTAL NON-CURRENT ASSETS | $816M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $101M |
| Short-Term Debt | $12M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $155M |
| TOTAL CURRENT LIABILITIES | $268M |
| Long-Term Debt | $207M |
| Deferred Revenue NC | $52M |
| Deferred Tax Liabilities | $68M |
| Other Non-Current Liabilities | $318M |
| TOTAL NON-CURRENT LIABILITIES | $676M |
| TOTAL LIABILITIES | $944M |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$521M |
| Treasury Stock | -$26M |
| Accum. Other Comp. Income | -$118M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $713M |
| Minority Interest | $0 |
| TOTAL EQUITY | $713M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $250M |
| Net Debt | -$87M |
