| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $160M | — | $119M | — | 33.7% |
| Op. Income | $80M | — | $68M | — | 16.7% |
| Gross Margin | 64.6% | — | 66.4% | — | -1.8pp |
| Net Margin | 23.4% | — | 29.0% | — | -5.5pp |
| EPS (Diluted) | $-0.20 | — | $1.58 | — | -112.7% |
| Free Cash Flow | $48M | — | $46M | — | 3.2% |
| Item | Amount |
|---|---|
| REVENUE | $160M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $103M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $13M |
| Operating Expenses | $23M |
| Cost & Expenses | $80M |
| OPERATING INCOME | $80M |
| Interest Income | $923.0K |
| Interest Expense | $18M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | -$65M |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $4M |
| EBIT | $72M |
| EBITDA | $76M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| REVENUE | $160M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $103M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $13M |
| Operating Expenses | $23M |
| Cost & Expenses | $80M |
| OPERATING INCOME | $80M |
| Interest Income | $923.0K |
| Interest Expense | $18M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | -$65M |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $4M |
| EBIT | $72M |
| EBITDA | $76M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $632.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $52M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $105M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$175M |
| Other Financing Activities | $19M |
| NET CASH FROM FINANCING | -$35M |
| FREE CASH FLOW | $48M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $44M |
| TOTAL CURRENT ASSETS | $52M |
| PP&E (Net) | $0 |
| Goodwill | $4M |
| Intangible Assets | $466.0K |
| Long-Term Investments | $0 |
| Tax Assets | $802.0K |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $65M |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $43M |
| TOTAL CURRENT LIABILITIES | $53M |
| Long-Term Debt | $240M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $240M |
| TOTAL LIABILITIES | $293M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $287M |
| Retained Earnings | -$514M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$227M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$227M |
| TOTAL LIABILITIES & EQUITY | $65M |
| Total Debt | $240M |
| Net Debt | $232M |
