| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $463M | $514M | $459M | -9.9% | 1.0% |
| Op. Income | $12M | $16M | $3M | -26.3% | 353.8% |
| Gross Margin | 15.4% | 19.3% | 16.9% | -4.0pp | -1.5pp |
| Net Margin | 21.8% | -0.6% | 0.3% | 22.4pp | 21.4pp |
| EPS (Diluted) | $1.80 | $-0.06 | $0.03 | 2993.9% | 6421.7% |
| Free Cash Flow | $8M | $67M | $2M | -88.0% | 321.1% |
| Item | Amount |
|---|---|
| REVENUE | $463M |
| Cost of Revenue | $392M |
| GROSS PROFIT | $71M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $55M |
| Other Expenses | $0 |
| Operating Expenses | $60M |
| Cost & Expenses | $451M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | -$111M |
| Net Income from Continuing Ops | $101M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $101M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $101M |
| D&A | $35M |
| EBIT | $7M |
| EBITDA | $42M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $101M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$111M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$13M |
| Common Stock Repurchased | -$300.0K |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $84M |
| Short-Term Investments | $0 |
| Net Receivables | $181M |
| Inventory | $329M |
| Other Current Assets | $44M |
| TOTAL CURRENT ASSETS | $639M |
| PP&E (Net) | $682M |
| Goodwill | $58M |
| Intangible Assets | $514M |
| Long-Term Investments | $0 |
| Tax Assets | $104M |
| Other Non-Current Assets | $55M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $161M |
| Short-Term Debt | $14M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $109M |
| TOTAL CURRENT LIABILITIES | $285M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $75M |
| Other Non-Current Liabilities | $84M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $6M |
| Additional Paid-In Capital | $685M |
| Retained Earnings | -$196M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $499M |
| Minority Interest | $0 |
| TOTAL EQUITY | $499M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $1.1B |
| Net Debt | $1.0B |
