| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $909M | — | $869M | — | 4.7% |
| Op. Income | $62M | — | -$34M | — | 280.8% |
| Gross Margin | 50.1% | — | 43.0% | — | 7.1pp |
| Net Margin | -17.8% | — | -125.7% | — | 107.9pp |
| EPS (Diluted) | $-2.26 | — | $-17.03 | — | 86.7% |
| Free Cash Flow | $44M | — | -$125M | — | 135.0% |
| Item | Amount |
|---|---|
| REVENUE | $909M |
| Cost of Revenue | $454M |
| GROSS PROFIT | $456M |
| R&D Expenses | $171M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $223M |
| Other Expenses | $0 |
| Operating Expenses | $394M |
| Cost & Expenses | $848M |
| OPERATING INCOME | $62M |
| Interest Income | $2M |
| Interest Expense | $90M |
| Other Income/Expenses | -$246M |
| INCOME BEFORE TAX | -$184M |
| Income Tax Expense | -$22M |
| Net Income from Continuing Ops | -$162M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$162M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$162M |
| D&A | $49M |
| EBIT | $62M |
| EBITDA | $111M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$162M |
| Depreciation & Amortization | $49M |
| Stock-Based Compensation | $68M |
| Deferred Income Tax | -$22M |
| Other Non-Cash Items | $124M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $58M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$434.0K |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$656M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $44M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $152M |
| Short-Term Investments | $13M |
| Net Receivables | $188M |
| Inventory | $164M |
| Other Current Assets | $32M |
| TOTAL CURRENT ASSETS | $585M |
| PP&E (Net) | $126M |
| Goodwill | $533M |
| Intangible Assets | $33M |
| Long-Term Investments | $0 |
| Tax Assets | $41M |
| Other Non-Current Assets | $100M |
| TOTAL NON-CURRENT ASSETS | $834M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $59M |
| Short-Term Debt | $46M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $70M |
| TOTAL CURRENT LIABILITIES | $283M |
| Long-Term Debt | $506M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $750.0K |
| Other Non-Current Liabilities | $87M |
| TOTAL NON-CURRENT LIABILITIES | $594M |
| TOTAL LIABILITIES | $877M |
| Common Stock | $990.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$396M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $937M |
| TOTAL STOCKHOLDERS' EQUITY | $542M |
| Minority Interest | $0 |
| TOTAL EQUITY | $542M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $552M |
| Net Debt | $400M |
