| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | — | $1.4B | — | -17.0% |
| Op. Income | $262M | — | $260M | — | 0.8% |
| Gross Margin | 39.5% | — | 32.3% | — | 7.2pp |
| Net Margin | -14.3% | — | -30.6% | — | 16.3pp |
| EPS (Diluted) | $-4.61 | — | $-11.85 | — | 61.1% |
| Free Cash Flow | $274M | — | $51M | — | 436.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $706M |
| GROSS PROFIT | $462M |
| R&D Expenses | $28M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $171M |
| Other Expenses | $0 |
| Operating Expenses | $200M |
| Cost & Expenses | $906M |
| OPERATING INCOME | $262M |
| Interest Income | $0 |
| Interest Expense | $73M |
| Other Income/Expenses | -$404M |
| INCOME BEFORE TAX | -$142M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | -$150M |
| Net Income from Discontinued Ops | -$17M |
| Other Adjustments | $0 |
| NET INCOME | -$167M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$167M |
| D&A | $106M |
| EBIT | -$69M |
| EBITDA | $37M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$167M |
| Depreciation & Amortization | $106M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $376M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $331M |
| Capital Expenditure | -$58M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $17M |
| NET CASH FROM INVESTING | -$58M |
| Net Debt Issuance | -$194M |
| Common Stock Repurchased | -$56M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$252M |
| FREE CASH FLOW | $274M |
| Net Change in Cash | $26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $78M |
| Short-Term Investments | $0 |
| Net Receivables | $127M |
| Inventory | $186M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $391M |
| PP&E (Net) | $608M |
| Goodwill | $4M |
| Intangible Assets | $176M |
| Long-Term Investments | $83M |
| Tax Assets | $117M |
| Other Non-Current Assets | -$117M |
| TOTAL NON-CURRENT ASSETS | $872M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $92M |
| Short-Term Debt | $59M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $190M |
| TOTAL CURRENT LIABILITIES | $341M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $57M |
| Other Non-Current Liabilities | $39M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $400.0K |
| Additional Paid-In Capital | $196M |
| Retained Earnings | $405M |
| Treasury Stock | -$572M |
| Accum. Other Comp. Income | $500.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $30M |
| Minority Interest | $0 |
| TOTAL EQUITY | $30M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $1.2B |
| Net Debt | $1.2B |
