| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0B | — | $3.5B | — | -15.3% |
| Op. Income | -$251M | — | -$46M | — | -445.9% |
| Gross Margin | 5.6% | — | 7.6% | — | -2.0pp |
| Net Margin | -18.3% | — | -9.9% | — | -8.4pp |
| EPS (Diluted) | $-15.24 | — | $-9.87 | — | -54.4% |
| Free Cash Flow | -$153M | — | -$86M | — | -78.2% |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $2.8B |
| GROSS PROFIT | $166M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $417M |
| Other Expenses | $0 |
| Operating Expenses | $417M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | -$251M |
| Interest Income | $0 |
| Interest Expense | $274M |
| Other Income/Expenses | -$252M |
| INCOME BEFORE TAX | -$503M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | -$546M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$546M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$546M |
| D&A | $292M |
| EBIT | $0 |
| EBITDA | -$251M |
| EPS | -$15 |
| EPS Diluted | -$15 |
| Item | Amount |
|---|---|
| Net Income | -$546M |
| Depreciation & Amortization | $292M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $22M |
| Other Non-Cash Items | $119M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$102M |
| Capital Expenditure | -$51M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | -$41M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $75M |
| NET CASH FROM FINANCING | $74M |
| FREE CASH FLOW | -$153M |
| Net Change in Cash | -$63M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $147M |
| Short-Term Investments | $0 |
| Net Receivables | $365M |
| Inventory | $316M |
| Other Current Assets | $38M |
| TOTAL CURRENT ASSETS | $865M |
| PP&E (Net) | $580M |
| Goodwill | $68M |
| Intangible Assets | $493M |
| Long-Term Investments | $207M |
| Tax Assets | $2M |
| Other Non-Current Assets | $66M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $284M |
| Short-Term Debt | $225M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $490M |
| TOTAL CURRENT LIABILITIES | $715M |
| Long-Term Debt | $48M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $31M |
| Other Non-Current Liabilities | $2.6B |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $400.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$80M |
| Other Equity | $321M |
| TOTAL STOCKHOLDERS' EQUITY | -$1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$1.1B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $272M |
| Net Debt | $126M |
