| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | — | $1.6B | — | 3.1% |
| Op. Income | -$27M | — | -$93M | — | 71.1% |
| Gross Margin | 21.2% | — | 25.9% | — | -4.7pp |
| Net Margin | -3.0% | — | -8.0% | — | 5.1pp |
| EPS (Diluted) | $-1.61 | — | $-4.17 | — | 61.4% |
| Free Cash Flow | -$74M | — | -$41M | — | -78.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $343M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $371M |
| Other Expenses | $0 |
| Operating Expenses | $371M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | -$27M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | -$46M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$48M |
| D&A | $29M |
| EBIT | -$27M |
| EBITDA | $2M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$48M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$552.0K |
| Other Non-Cash Items | $27M |
| Change in Working Capital | -$73M |
| OPERATING CASH FLOW | -$58M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | -$30M |
| Purchases of Investments | -$11M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $41M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $58M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$414.0K |
| NET CASH FROM FINANCING | $57M |
| FREE CASH FLOW | -$74M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25M |
| Short-Term Investments | $0 |
| Net Receivables | $241M |
| Inventory | $0 |
| Other Current Assets | $32M |
| TOTAL CURRENT ASSETS | $298M |
| PP&E (Net) | $107M |
| Goodwill | $42M |
| Intangible Assets | $18M |
| Long-Term Investments | $155M |
| Tax Assets | $1M |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $341M |
| TOTAL ASSETS | $639M |
| Account Payables | $36M |
| Short-Term Debt | $11M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $90M |
| TOTAL CURRENT LIABILITIES | $139M |
| Long-Term Debt | $113M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $66M |
| TOTAL NON-CURRENT LIABILITIES | $226M |
| TOTAL LIABILITIES | $364M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $296M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$22M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $275M |
| Minority Interest | $0 |
| TOTAL EQUITY | $275M |
| TOTAL LIABILITIES & EQUITY | $639M |
| Total Debt | $171M |
| Net Debt | $146M |
