| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $335M | — | $304M | — | 10.3% |
| Op. Income | -$230M | — | -$42M | — | -444.3% |
| Gross Margin | 5.2% | — | 14.6% | — | -9.5pp |
| Net Margin | -67.6% | — | -37.6% | — | -30.0pp |
| EPS (Diluted) | $-2.28 | — | $-2.35 | — | 3.0% |
| Free Cash Flow | -$191M | — | -$24M | — | -703.5% |
| Item | Amount |
|---|---|
| REVENUE | $335M |
| Cost of Revenue | $318M |
| GROSS PROFIT | $17M |
| R&D Expenses | $20M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $171M |
| Other Expenses | $56M |
| Operating Expenses | $247M |
| Cost & Expenses | $565M |
| OPERATING INCOME | -$230M |
| Interest Income | $0 |
| Interest Expense | $40M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | -$252M |
| Income Tax Expense | -$25M |
| Net Income from Continuing Ops | -$227M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$227M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$272M |
| D&A | $33M |
| EBIT | -$212M |
| EBITDA | -$179M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$227M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $59M |
| Deferred Income Tax | -$25M |
| Other Non-Cash Items | $35M |
| Change in Working Capital | -$52M |
| OPERATING CASH FLOW | -$177M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | -$152M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$175M |
| Net Debt Issuance | -$51M |
| Common Stock Repurchased | -$64M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $397M |
| FREE CASH FLOW | -$191M |
| Net Change in Cash | $46M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $95M |
| Short-Term Investments | $0 |
| Net Receivables | $81M |
| Inventory | $56M |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $253M |
| PP&E (Net) | $81M |
| Goodwill | $779M |
| Intangible Assets | $336M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $118.0K |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.4B |
| Account Payables | $32M |
| Short-Term Debt | $12M |
| Deferred Revenue | $60M |
| Other Current Liabilities | $51M |
| TOTAL CURRENT LIABILITIES | $156M |
| Long-Term Debt | $188M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $38M |
| Other Non-Current Liabilities | -$24M |
| TOTAL NON-CURRENT LIABILITIES | $234M |
| TOTAL LIABILITIES | $389M |
| Common Stock | $19.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$622M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | $10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $231M |
| Net Debt | $136M |
