| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $669M | — | $693M | — | -3.4% |
| Op. Income | -$5M | — | $7M | — | -169.1% |
| Gross Margin | 12.8% | — | 15.4% | — | -2.6pp |
| Net Margin | -16.3% | — | -1.6% | — | -14.7pp |
| EPS (Diluted) | $-1.86 | — | $-0.18 | — | -933.3% |
| Free Cash Flow | $74M | — | $8M | — | 781.6% |
| Item | Amount |
|---|---|
| REVENUE | $669M |
| Cost of Revenue | $583M |
| GROSS PROFIT | $86M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $90M |
| Other Expenses | $0 |
| Operating Expenses | $90M |
| Cost & Expenses | $674M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$98M |
| INCOME BEFORE TAX | -$103M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | -$109M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$109M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$109M |
| D&A | $47M |
| EBIT | -$5M |
| EBITDA | $43M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$109M |
| Depreciation & Amortization | $47M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $585.0K |
| Other Non-Cash Items | $112M |
| Change in Working Capital | $46M |
| OPERATING CASH FLOW | $105M |
| Capital Expenditure | -$31M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $20M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$71M |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$90M |
| FREE CASH FLOW | $74M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $70M |
| Short-Term Investments | $0 |
| Net Receivables | $202M |
| Inventory | $183M |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $495M |
| PP&E (Net) | $257M |
| Goodwill | $71M |
| Intangible Assets | $31M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $29M |
| TOTAL NON-CURRENT ASSETS | $388M |
| TOTAL ASSETS | $883M |
| Account Payables | $68M |
| Short-Term Debt | $61M |
| Deferred Revenue | $97M |
| Other Current Liabilities | $38M |
| TOTAL CURRENT LIABILITIES | $266M |
| Long-Term Debt | $14M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $44M |
| TOTAL LIABILITIES | $310M |
| Common Stock | $805.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $164M |
| Treasury Stock | -$671M |
| Accum. Other Comp. Income | -$66M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $573M |
| Minority Interest | $0 |
| TOTAL EQUITY | $573M |
| TOTAL LIABILITIES & EQUITY | $883M |
| Total Debt | $88M |
| Net Debt | $18M |
