| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | — | $890M | — | 46.1% |
| Op. Income | -$16M | — | -$13M | — | -26.5% |
| Gross Margin | 33.0% | — | 21.6% | — | 11.4pp |
| Net Margin | -39.8% | — | -0.1% | — | -39.7pp |
| EPS (Diluted) | $-5.69 | — | $-0.10 | — | -5590.0% |
| Free Cash Flow | -$10M | — | $51M | — | -118.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $871M |
| GROSS PROFIT | $429M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $401M |
| Other Expenses | $44M |
| Operating Expenses | $445M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | -$16M |
| Interest Income | $0 |
| Interest Expense | $75M |
| Other Income/Expenses | -$462M |
| INCOME BEFORE TAX | -$478M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | -$517M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$517M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$517M |
| D&A | $0 |
| EBIT | -$16M |
| EBITDA | -$16M |
| EPS | -$6 |
| EPS Diluted | -$6 |
| Item | Amount |
|---|---|
| Net Income | -$517M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $518M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | -$598M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $67M |
| NET CASH FROM INVESTING | -$554M |
| Net Debt Issuance | $618M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$32M |
| NET CASH FROM FINANCING | $585M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | $39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $128M |
| Short-Term Investments | $10M |
| Net Receivables | $342M |
| Inventory | $0 |
| Other Current Assets | $49M |
| TOTAL CURRENT ASSETS | $530M |
| PP&E (Net) | $80M |
| Goodwill | $281M |
| Intangible Assets | $377M |
| Long-Term Investments | $0 |
| Tax Assets | $10M |
| Other Non-Current Assets | $50M |
| TOTAL NON-CURRENT ASSETS | $798M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $259M |
| Short-Term Debt | $18M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $208M |
| TOTAL CURRENT LIABILITIES | $484M |
| Long-Term Debt | $605M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $73M |
| Other Non-Current Liabilities | $49M |
| TOTAL NON-CURRENT LIABILITIES | $748M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $96.0K |
| Additional Paid-In Capital | $686M |
| Retained Earnings | -$687M |
| Treasury Stock | -$533.0K |
| Accum. Other Comp. Income | $97M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $95M |
| Minority Interest | $0 |
| TOTAL EQUITY | $95M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $644M |
| Net Debt | $516M |
