| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $430M | — | $241M | — | 78.7% |
| Op. Income | $16M | — | -$8M | — | 307.8% |
| Gross Margin | 7.9% | — | 19.2% | — | -11.3pp |
| Net Margin | -7.8% | — | -3.5% | — | -4.3pp |
| EPS (Diluted) | $-1.21 | — | $-0.47 | — | -157.4% |
| Free Cash Flow | $0 | — | $5M | — | -100.0% |
| Item | Amount |
|---|---|
| REVENUE | $430M |
| Cost of Revenue | $397M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $17M |
| Operating Expenses | $17M |
| Cost & Expenses | $414M |
| OPERATING INCOME | $16M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$57M |
| INCOME BEFORE TAX | -$41M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | -$33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$33M |
| D&A | $39M |
| EBIT | $16M |
| EBITDA | $56M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$33M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $28M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $0 |
| Net Receivables | $42M |
| Inventory | $2M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $70M |
| PP&E (Net) | $128M |
| Goodwill | $148M |
| Intangible Assets | $123M |
| Long-Term Investments | $21.8K |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $407M |
| TOTAL ASSETS | $477M |
| Account Payables | $8M |
| Short-Term Debt | $23M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $61M |
| Long-Term Debt | $64M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $34M |
| Other Non-Current Liabilities | -$8M |
| TOTAL NON-CURRENT LIABILITIES | $102M |
| TOTAL LIABILITIES | $163M |
| Common Stock | $278.3K |
| Additional Paid-In Capital | $356M |
| Retained Earnings | -$42M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $314M |
| Minority Interest | $0 |
| TOTAL EQUITY | $314M |
| TOTAL LIABILITIES & EQUITY | $477M |
| Total Debt | $98M |
| Net Debt | $84M |
