| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $57M | — | — | — | — |
| Op. Income | $40M | — | — | — | — |
| Gross Margin | 90.2% | — | — | — | — |
| Net Margin | 14.2% | — | — | — | — |
| EPS (Diluted) | $0.38 | — | — | — | — |
| Free Cash Flow | $55M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $57M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $51M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $17M |
| OPERATING INCOME | $40M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | -$10M |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $4M |
| EBIT | $40M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $57M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $51M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $17M |
| OPERATING INCOME | $40M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | -$10M |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $4M |
| EBIT | $40M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $27M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | $17M |
| Acquisitions (Net) | -$229M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$212M |
| Net Debt Issuance | $187M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $53M |
| Other Financing Activities | -$63M |
| NET CASH FROM FINANCING | $176M |
| FREE CASH FLOW | $55M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31M |
| Short-Term Investments | $0 |
| Net Receivables | $19M |
| Inventory | $0 |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $60M |
| PP&E (Net) | $1.1B |
| Goodwill | $0 |
| Intangible Assets | $137M |
| Long-Term Investments | $0 |
| Tax Assets | $81M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.4B |
| Account Payables | $562.0K |
| Short-Term Debt | $692.0K |
| Deferred Revenue | $1M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $560M |
| TOTAL NON-CURRENT LIABILITIES | $560M |
| TOTAL LIABILITIES | $572M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $23M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $317M |
| TOTAL STOCKHOLDERS' EQUITY | $340M |
| Minority Interest | $454M |
| TOTAL EQUITY | $794M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $692.0K |
| Net Debt | -$30M |
