| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $611M | — | — | — | — |
| Op. Income | -$19M | — | — | — | — |
| Gross Margin | 52.0% | — | — | — | — |
| Net Margin | -1.2% | — | — | — | — |
| EPS (Diluted) | $-0.11 | — | — | — | — |
| Free Cash Flow | -$226M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $611M |
| Cost of Revenue | $293M |
| GROSS PROFIT | $318M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $336M |
| Other Expenses | $0 |
| Operating Expenses | $336M |
| Cost & Expenses | $629M |
| OPERATING INCOME | -$19M |
| Interest Income | $19M |
| Interest Expense | $0 |
| Other Income/Expenses | $25M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $0 |
| EBIT | -$19M |
| EBITDA | -$19M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$182M |
| Change in Working Capital | -$52M |
| OPERATING CASH FLOW | -$226M |
| Capital Expenditure | -$112M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$314M |
| NET CASH FROM INVESTING | -$314M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$42M |
| NET CASH FROM FINANCING | -$55M |
| FREE CASH FLOW | -$226M |
| Net Change in Cash | -$597M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $1.8B |
| Net Receivables | $106M |
| Inventory | $105M |
| Other Current Assets | $82M |
| TOTAL CURRENT ASSETS | $4.1B |
| PP&E (Net) | $801M |
| Goodwill | $0 |
| Intangible Assets | $183M |
| Long-Term Investments | $305M |
| Tax Assets | $3M |
| Other Non-Current Assets | $83M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $5.5B |
| Account Payables | $146M |
| Short-Term Debt | $88M |
| Deferred Revenue | $624M |
| Other Current Liabilities | $494M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $47M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $295M |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $203.0K |
| Additional Paid-In Capital | $4.3B |
| Retained Earnings | -$624M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $96M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.8B |
| Minority Interest | -$169.0K |
| TOTAL EQUITY | $3.8B |
| TOTAL LIABILITIES & EQUITY | $5.5B |
| Total Debt | $333M |
| Net Debt | -$1.6B |
