| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | -$277M | — | $467M | — | -159.2% |
| Op. Income | -$470M | — | $263M | — | -278.8% |
| Gross Margin | 147.0% | — | 68.7% | — | 78.3pp |
| Net Margin | 169.8% | — | 56.2% | — | 113.5pp |
| EPS (Diluted) | $-1.35 | — | $0.36 | — | -475.0% |
| Free Cash Flow | $523M | — | $280M | — | 86.9% |
| Item | Amount |
|---|---|
| REVENUE | -$277M |
| Cost of Revenue | $130M |
| GROSS PROFIT | -$407M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $46M |
| SG&A Expenses | $46M |
| Other Expenses | $17M |
| Operating Expenses | $63M |
| Cost & Expenses | $193M |
| OPERATING INCOME | -$470M |
| Interest Income | $671M |
| Interest Expense | $130M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$470M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$470M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$470M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$594M |
| D&A | $0 |
| EBIT | -$470M |
| EBITDA | -$470M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$470M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.1B |
| Change in Working Capital | -$62M |
| OPERATING CASH FLOW | $523M |
| 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 | -$349M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$332M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$558M |
| FREE CASH FLOW | $523M |
| Net Change in Cash | -$35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $47M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $48M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6.8B |
| TOTAL NON-CURRENT ASSETS | $6.8B |
| TOTAL ASSETS | $6.8B |
| Account Payables | $44M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $94M |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.6B |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $3.8B |
| Common Stock | $456.0K |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | -$1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $6.8B |
| Total Debt | $2.1B |
| Net Debt | $2.0B |
