| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $495M | — | $493M | — | 0.4% |
| Op. Income | -$5M | — | -$28M | — | 81.6% |
| Gross Margin | 8.9% | — | 34.3% | — | -25.4pp |
| Net Margin | -8.6% | — | -7.3% | — | -1.3pp |
| EPS (Diluted) | $-7.36 | — | $-6.40 | — | -15.0% |
| Free Cash Flow | -$5M | — | -$21M | — | 75.9% |
| Item | Amount |
|---|---|
| REVENUE | $495M |
| Cost of Revenue | $451M |
| GROSS PROFIT | $44M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $49M |
| SG&A Expenses | $49M |
| Other Expenses | $0 |
| Operating Expenses | $49M |
| Cost & Expenses | $500M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | -$43M |
| Income Tax Expense | $64.0K |
| Net Income from Continuing Ops | -$43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$43M |
| D&A | $27M |
| EBIT | -$5M |
| EBITDA | $22M |
| EPS | -$7 |
| EPS Diluted | -$7 |
| Item | Amount |
|---|---|
| Net Income | -$43M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $23M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$157.0K |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $116.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $19M |
| PP&E (Net) | $0 |
| Goodwill | $7M |
| Intangible Assets | $420.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $235M |
| TOTAL NON-CURRENT ASSETS | $243M |
| TOTAL ASSETS | $262M |
| Account Payables | $17M |
| Short-Term Debt | $26M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$9M |
| TOTAL CURRENT LIABILITIES | $62M |
| Long-Term Debt | $109M |
| Deferred Revenue NC | $800.0K |
| Deferred Tax Liabilities | $316.0K |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $245M |
| TOTAL LIABILITIES | $307M |
| Common Stock | $62.0K |
| Additional Paid-In Capital | $217M |
| Retained Earnings | -$227M |
| Treasury Stock | -$35M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$45M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$45M |
| TOTAL LIABILITIES & EQUITY | $262M |
| Total Debt | $269M |
| Net Debt | $268M |
