| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $895M | — | $924M | — | -3.2% |
| Op. Income | $9M | — | $77M | — | -87.8% |
| Gross Margin | 47.1% | — | 50.1% | — | -3.0pp |
| Net Margin | -122.1% | — | -1.0% | — | -121.0pp |
| EPS (Diluted) | $-5.03 | — | $-0.04 | — | -11463.2% |
| Free Cash Flow | -$46M | — | -$76M | — | 39.1% |
| Item | Amount |
|---|---|
| REVENUE | $895M |
| Cost of Revenue | $473M |
| GROSS PROFIT | $421M |
| R&D Expenses | $21M |
| Selling & Marketing | $184M |
| General & Administrative | $216M |
| SG&A Expenses | $400M |
| Other Expenses | -$9M |
| Operating Expenses | $412M |
| Cost & Expenses | $885M |
| OPERATING INCOME | $9M |
| Interest Income | $3M |
| Interest Expense | $72M |
| Other Income/Expenses | -$1.1B |
| INCOME BEFORE TAX | -$1.1B |
| Income Tax Expense | -$41M |
| Net Income from Continuing Ops | -$1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.1B |
| D&A | $126M |
| EBIT | -$1.1B |
| EBITDA | -$938M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$1.1B |
| Depreciation & Amortization | $126M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$58M |
| Other Non-Cash Items | $1.1B |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $58M |
| Capital Expenditure | -$105M |
| Acquisitions (Net) | $5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $325.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$99M |
| Net Debt Issuance | -$321.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$46M |
| Net Change in Cash | -$42M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $129M |
| Short-Term Investments | $0 |
| Net Receivables | $153M |
| Inventory | $191M |
| Other Current Assets | $104M |
| TOTAL CURRENT ASSETS | $577M |
| PP&E (Net) | $356M |
| Goodwill | $1.1B |
| Intangible Assets | $1.4B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $35M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $80M |
| Short-Term Debt | $19M |
| Deferred Revenue | $6M |
| Other Current Liabilities | $45M |
| TOTAL CURRENT LIABILITIES | $174M |
| Long-Term Debt | $875M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $281M |
| Other Non-Current Liabilities | $30M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $35M |
| Additional Paid-In Capital | $2.6B |
| Retained Earnings | -$536M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $913M |
| Net Debt | $784M |
