| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $503M | — | — | — | — |
| Op. Income | -$36M | — | — | — | — |
| Gross Margin | 13.8% | — | — | — | — |
| Net Margin | -12.1% | — | — | — | — |
| EPS (Diluted) | $-0.54 | — | — | — | — |
| Free Cash Flow | -$28M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $503M |
| Cost of Revenue | $433M |
| GROSS PROFIT | $69M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $106M |
| Other Expenses | $0 |
| Operating Expenses | $106M |
| Cost & Expenses | $539M |
| OPERATING INCOME | -$36M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | -$61M |
| Income Tax Expense | -$131.0K |
| Net Income from Continuing Ops | -$61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$50M |
| D&A | $7M |
| EBIT | -$36M |
| EBITDA | -$29M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$61M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$32.0K |
| Other Non-Cash Items | $23M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$25M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $126.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$28M |
| Net Change in Cash | -$16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34M |
| Short-Term Investments | $0 |
| Net Receivables | $59M |
| Inventory | $17M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $113M |
| PP&E (Net) | $33M |
| Goodwill | $7M |
| Intangible Assets | $11M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $606.0K |
| TOTAL NON-CURRENT ASSETS | $52M |
| TOTAL ASSETS | $165M |
| Account Payables | $43M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $71M |
| Long-Term Debt | $77M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $117M |
| TOTAL LIABILITIES | $180M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $257M |
| Retained Earnings | -$271M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$16M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$16M |
| TOTAL LIABILITIES & EQUITY | $165M |
| Total Debt | $104M |
| Net Debt | $70M |
