| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $330M | — | $306M | — | 7.7% |
| Op. Income | -$58M | — | -$47M | — | -21.6% |
| Gross Margin | 59.4% | — | 22.1% | — | 37.3pp |
| Net Margin | 6.9% | — | -22.8% | — | 29.7pp |
| EPS (Diluted) | $1.88 | — | $-18.51 | — | 110.2% |
| Free Cash Flow | -$47M | — | -$41M | — | -14.5% |
| Item | Amount |
|---|---|
| REVENUE | $330M |
| Cost of Revenue | $134M |
| GROSS PROFIT | $196M |
| R&D Expenses | $39M |
| Selling & Marketing | $27M |
| General & Administrative | $89M |
| SG&A Expenses | $116M |
| Other Expenses | $98M |
| Operating Expenses | $254M |
| Cost & Expenses | $387M |
| OPERATING INCOME | -$58M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | $80M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | -$100.0K |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$200.0K |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $10M |
| EBIT | $12M |
| EBITDA | $22M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $70M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$85M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$50M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $600.0K |
| NET CASH FROM INVESTING | -$50M |
| Net Debt Issuance | $20M |
| Common Stock Repurchased | -$400.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$13M |
| NET CASH FROM FINANCING | $19M |
| FREE CASH FLOW | -$47M |
| Net Change in Cash | -$27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $50M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $67M |
| PP&E (Net) | $53M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $4M |
| Tax Assets | $0 |
| Other Non-Current Assets | $95M |
| TOTAL NON-CURRENT ASSETS | $154M |
| TOTAL ASSETS | $221M |
| Account Payables | $10M |
| Short-Term Debt | $400.0K |
| Deferred Revenue | $12M |
| Other Current Liabilities | $35M |
| TOTAL CURRENT LIABILITIES | $63M |
| Long-Term Debt | $157M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $194M |
| TOTAL LIABILITIES | $257M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$36M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$36M |
| TOTAL LIABILITIES & EQUITY | $221M |
| Total Debt | $198M |
| Net Debt | $148M |
