| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | — | $2.0B | — | -2.9% |
| Op. Income | $79M | — | $97M | — | -19.4% |
| Gross Margin | 28.2% | — | 29.2% | — | -1.0pp |
| Net Margin | -17.4% | — | -9.6% | — | -7.8pp |
| EPS (Diluted) | $-4.77 | — | $-2.79 | — | -71.0% |
| Free Cash Flow | -$170M | — | $72M | — | -337.4% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $549M |
| R&D Expenses | $25M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $391M |
| Other Expenses | $55M |
| Operating Expenses | $471M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $79M |
| Interest Income | $0 |
| Interest Expense | $53M |
| Other Income/Expenses | -$351M |
| INCOME BEFORE TAX | -$272M |
| Income Tax Expense | $68M |
| Net Income from Continuing Ops | -$340M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$340M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$340M |
| D&A | $28M |
| EBIT | -$219M |
| EBITDA | -$191M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$340M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $107M |
| Change in Working Capital | $50M |
| OPERATING CASH FLOW | -$140M |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$32M |
| NET CASH FROM INVESTING | -$32M |
| Net Debt Issuance | $190M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $186M |
| FREE CASH FLOW | -$170M |
| Net Change in Cash | $31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $414M |
| Short-Term Investments | $0 |
| Net Receivables | $438M |
| Inventory | $14M |
| Other Current Assets | $139M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $38M |
| Goodwill | $194M |
| Intangible Assets | $31M |
| Long-Term Investments | $8M |
| Tax Assets | $97M |
| Other Non-Current Assets | $474M |
| TOTAL NON-CURRENT ASSETS | $842M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $81M |
| Short-Term Debt | $13M |
| Deferred Revenue | $229M |
| Other Current Liabilities | $334M |
| TOTAL CURRENT LIABILITIES | $656M |
| Long-Term Debt | $760M |
| Deferred Revenue NC | $101M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $568M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $800.0K |
| Additional Paid-In Capital | $4.8B |
| Retained Earnings | -$2.5B |
| Treasury Stock | -$162M |
| Accum. Other Comp. Income | -$2.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$283M |
| Minority Interest | $14M |
| TOTAL EQUITY | -$268M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $803M |
| Net Debt | $389M |
