Reported March 13, 2026
| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $164M | — | — | — | — |
| Op. Income | $16M | — | — | — | — |
| Gross Margin | 23.5% | — | — | — | — |
| Net Margin | 2.8% | — | — | — | — |
| EPS (Diluted) | $0.04 | — | — | — | — |
| Free Cash Flow | $26M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $164M |
| Cost of Revenue | $125M |
| GROSS PROFIT | $39M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $1M |
| Operating Expenses | $23M |
| Cost & Expenses | $148M |
| OPERATING INCOME | $16M |
| Interest Income | $864.4K |
| Interest Expense | $11M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $14M |
| EBIT | $16M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $164M |
| Cost of Revenue | $125M |
| GROSS PROFIT | $39M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $1M |
| Operating Expenses | $23M |
| Cost & Expenses | $148M |
| OPERATING INCOME | $16M |
| Interest Income | $864.4K |
| Interest Expense | $11M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $14M |
| EBIT | $16M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $41M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $956.6K |
| Purchases of Investments | $579.0K |
| Sales/Maturities of Investments | $42M |
| Other Investing Activities | $872.0K |
| NET CASH FROM INVESTING | $27M |
| Net Debt Issuance | -$97M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$763 |
| Other Financing Activities | -$580.7K |
| NET CASH FROM FINANCING | -$97M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $16M |
| Net Receivables | $82M |
| Inventory | $212M |
| Other Current Assets | -$719 |
| TOTAL CURRENT ASSETS | $317M |
| PP&E (Net) | $983M |
| Goodwill | $656.2K |
| Intangible Assets | $3M |
| Long-Term Investments | $6M |
| Tax Assets | $0 |
| Other Non-Current Assets | $58M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.4B |
| Account Payables | $85M |
| Short-Term Debt | $98M |
| Deferred Revenue | $10M |
| Other Current Liabilities | $937.9K |
| TOTAL CURRENT LIABILITIES | $220M |
| Long-Term Debt | $118M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $244M |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $375M |
| TOTAL LIABILITIES | $596M |
| Common Stock | $251M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $17M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $501M |
| TOTAL STOCKHOLDERS' EQUITY | $769M |
| Minority Interest | -$760.7K |
| TOTAL EQUITY | $768M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $217M |
| Net Debt | $210M |