| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $519M | — | $924M | — | -43.8% |
| Op. Income | -$423M | — | -$786M | — | 46.2% |
| Gross Margin | 8.7% | — | 3.2% | — | 5.5pp |
| Net Margin | -89.4% | — | -119.5% | — | 30.0pp |
| EPS (Diluted) | $-0.72 | — | $-1.72 | — | 58.1% |
| Item | Amount |
|---|---|
| REVENUE | $519M |
| Cost of Revenue | $474M |
| GROSS PROFIT | $45M |
| R&D Expenses | $171M |
| Selling & Marketing | $148M |
| General & Administrative | $136M |
| SG&A Expenses | $284M |
| Other Expenses | $13M |
| Operating Expenses | $468M |
| Cost & Expenses | $942M |
| OPERATING INCOME | -$423M |
| Interest Income | $28M |
| Interest Expense | $63M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | -$450M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | -$466M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $2M |
| NET INCOME | -$464M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$464M |
| D&A | $55M |
| EBIT | -$423M |
| EBITDA | -$368M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $73M |
| Short-Term Investments | $0 |
| Net Receivables | $151M |
| Inventory | $121M |
| Other Current Assets | $376M |
| TOTAL CURRENT ASSETS | $911M |
| PP&E (Net) | $227M |
| Goodwill | $0 |
| Intangible Assets | $116M |
| Long-Term Investments | $48M |
| Tax Assets | $0 |
| Other Non-Current Assets | $650M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $513M |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $18M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $378M |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $698.0K |
| Other Non-Current Liabilities | $439M |
| TOTAL NON-CURRENT LIABILITIES | $885M |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | -$3.2B |
| Treasury Stock | -$138M |
| Accum. Other Comp. Income | $40M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1.3B |
| Minority Interest | -$8M |
| TOTAL EQUITY | -$1.3B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $1.8B |
| Net Debt | $1.8B |
