| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $164M | — | $192M | — | -14.6% |
| Op. Income | -$112M | — | -$157M | — | 28.1% |
| Gross Margin | -20.8% | — | 32.8% | — | -53.6pp |
| Net Margin | -71.1% | — | -90.9% | — | 19.8pp |
| EPS (Diluted) | $-8.07 | — | $-0.84 | — | -858.6% |
| Free Cash Flow | -$44.4K | — | -$87M | — | 99.9% |
| Item | Amount |
|---|---|
| REVENUE | $164M |
| Cost of Revenue | $198M |
| GROSS PROFIT | -$34M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $48M |
| Other Expenses | $30M |
| Operating Expenses | $78M |
| Cost & Expenses | $276M |
| OPERATING INCOME | -$112M |
| Interest Income | $601.5K |
| Interest Expense | $20M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$116M |
| Income Tax Expense | $98.2K |
| Net Income from Continuing Ops | -$116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$116M |
| D&A | $39M |
| EBIT | -$112M |
| EBITDA | -$74M |
| EPS | -$8 |
| EPS Diluted | -$8 |
| Item | Amount |
|---|---|
| Net Income | -$121M |
| Depreciation & Amortization | $40M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $101.7K |
| Other Non-Cash Items | $35M |
| Change in Working Capital | $55M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | -$36.2K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | $14M |
| Net Debt Issuance | -$47M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$17M |
| NET CASH FROM FINANCING | -$38M |
| FREE CASH FLOW | -$44.4K |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $6M |
| Net Receivables | $37M |
| Inventory | $56M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $114M |
| PP&E (Net) | $100M |
| Goodwill | $13M |
| Intangible Assets | $47M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $166M |
| TOTAL ASSETS | $280M |
| Account Payables | $49M |
| Short-Term Debt | $128M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $201M |
| Long-Term Debt | $64M |
| Deferred Revenue NC | $12M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $116M |
| TOTAL LIABILITIES | $317M |
| Common Stock | $77M |
| Additional Paid-In Capital | $9M |
| Retained Earnings | -$789M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $631M |
| Other Equity | $35M |
| TOTAL STOCKHOLDERS' EQUITY | -$37M |
| Minority Interest | $271.2K |
| TOTAL EQUITY | -$37M |
| TOTAL LIABILITIES & EQUITY | $280M |
| Total Debt | $231M |
| Net Debt | $226M |
