| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $321M | — | — | — | — |
| Op. Income | $66M | — | — | — | — |
| Gross Margin | 40.8% | — | — | — | — |
| Net Margin | 10.7% | — | — | — | — |
| EPS (Diluted) | $0.36 | — | — | — | — |
| Free Cash Flow | $77M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $321M |
| Cost of Revenue | $190M |
| GROSS PROFIT | $131M |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $65M |
| Cost & Expenses | $255M |
| OPERATING INCOME | $66M |
| Interest Income | $14M |
| Interest Expense | $0 |
| Other Income/Expenses | -$44M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $7M |
| EBIT | $22M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $321M |
| Cost of Revenue | $190M |
| GROSS PROFIT | $131M |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $65M |
| Cost & Expenses | $255M |
| OPERATING INCOME | $66M |
| Interest Income | $14M |
| Interest Expense | $0 |
| Other Income/Expenses | -$44M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $7M |
| EBIT | $22M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $48M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $80M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$318.0K |
| Purchases of Investments | -$271M |
| Sales/Maturities of Investments | $174M |
| Other Investing Activities | $16M |
| NET CASH FROM INVESTING | -$100M |
| Net Debt Issuance | $56M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | $43M |
| FREE CASH FLOW | $77M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $288M |
| Short-Term Investments | $0 |
| Net Receivables | $153M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $442M |
| PP&E (Net) | $61M |
| Goodwill | $23M |
| Intangible Assets | $8M |
| Long-Term Investments | $959M |
| Tax Assets | $0 |
| Other Non-Current Assets | $54M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.5B |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $75M |
| TOTAL CURRENT LIABILITIES | $79M |
| Long-Term Debt | $889M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$11M |
| TOTAL NON-CURRENT LIABILITIES | $912M |
| TOTAL LIABILITIES | $991M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$863M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$48M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $480M |
| Minority Interest | $75M |
| TOTAL EQUITY | $555M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $923M |
| Net Debt | $634M |
