| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $153M | $153M | — | -0.2% | — |
| Op. Income | $40M | $53M | — | -24.3% | — |
| Gross Margin | 32.3% | 54.7% | — | -22.3pp | — |
| Net Margin | 12.1% | 21.7% | — | -9.6pp | — |
| EPS (Diluted) | $0.28 | $0.50 | — | -44.0% | — |
| Free Cash Flow | $43M | $11M | — | 296.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $153M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $49M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $113M |
| OPERATING INCOME | $40M |
| Interest Income | $1M |
| Interest Expense | $13M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $33M |
| EBIT | $40M |
| EBITDA | $73M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $153M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $49M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $113M |
| OPERATING INCOME | $40M |
| Interest Income | $1M |
| Interest Expense | $13M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $33M |
| EBIT | $40M |
| EBITDA | $73M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $52M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | -$898.7K |
| Purchases of Investments | $91.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | $480.8K |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$59M |
| NET CASH FROM FINANCING | -$65M |
| FREE CASH FLOW | $43M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $205M |
| Short-Term Investments | $0 |
| Net Receivables | $56M |
| Inventory | $15M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $295M |
| PP&E (Net) | $1.7B |
| Goodwill | $0 |
| Intangible Assets | $360.0K |
| Long-Term Investments | $249M |
| Tax Assets | $0 |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $13M |
| Short-Term Debt | $169M |
| Deferred Revenue | $27M |
| Other Current Liabilities | $42M |
| TOTAL CURRENT LIABILITIES | $251M |
| Long-Term Debt | $732M |
| Deferred Revenue NC | $18M |
| Deferred Tax Liabilities | $20M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $771M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $653.0K |
| Additional Paid-In Capital | $799M |
| Retained Earnings | $427M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$408.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $30M |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $903M |
| Net Debt | $698M |
