| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $554M | — | $569M | — | -2.8% |
| Op. Income | -$19M | — | -$50M | — | 61.2% |
| Gross Margin | 29.7% | — | 26.3% | — | 3.4pp |
| Net Margin | -3.2% | — | -8.1% | — | 5.0pp |
| EPS (Diluted) | $-0.58 | — | $-1.54 | — | 62.3% |
| Free Cash Flow | -$589.0K | — | -$50M | — | 98.8% |
| Item | Amount |
|---|---|
| REVENUE | $554M |
| Cost of Revenue | $389M |
| GROSS PROFIT | $164M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $135M |
| SG&A Expenses | $183M |
| Other Expenses | $133.0K |
| Operating Expenses | $184M |
| Cost & Expenses | $573M |
| OPERATING INCOME | -$19M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$18M |
| Income Tax Expense | -$137.0K |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | $11M |
| EBIT | -$19M |
| EBITDA | -$9M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $30.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $26M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $21M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$589.0K |
| Net Change in Cash | $25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $46M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $62M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $125M |
| PP&E (Net) | $184M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $186M |
| TOTAL ASSETS | $311M |
| Account Payables | $22M |
| Short-Term Debt | $45M |
| Deferred Revenue | $13M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $100M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $125M |
| TOTAL LIABILITIES | $226M |
| Common Stock | $30.0K |
| Additional Paid-In Capital | $177M |
| Retained Earnings | -$92M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $85M |
| Minority Interest | $0 |
| TOTAL EQUITY | $85M |
| TOTAL LIABILITIES & EQUITY | $311M |
| Total Debt | $170M |
| Net Debt | $124M |
