Financial insights of VSEC

MyFinsight

Income Statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Earn-out receivable fair value adjustments	NaN	-40,700*	23,300	NaN
Total revenues	324,580	301,182	282,909	272,139
Lease abandonment and termination costs	NaN	0*	0	0
Costs and operating expenses-Product	164,292	213,098*	147,682	144,828
Costs and operating expenses-Service	112,289	87,761*	94,486	89,795
Selling, general and administrative expenses	6,201	1,846	667	8,516
Amortization of intangible assets	9,050	6,687	6,687	6,487
Total costs and operating expenses	291,832	268,691	272,822	249,626
Operating income	32,748	32,491	10,087	22,513
Interest expense, net	NaN	1,833	4,339	6,445
Interest (income) expense, net	1,402	NaN	NaN	NaN
Income from continuing operations before income taxes	34,150	30,658	5,748	16,068
Provision for income taxes	5,095	8,362	2,157	2,430
Net income from continuing operations	29,055	22,296	3,591	13,638
Revenues	NaN	75,358*	NaN	NaN
Costs and operating expenses	NaN	71,811*	NaN	NaN
Income from discontinued operations	NaN	3,547*	NaN	NaN
Other impairment	NaN	15,827*	NaN	NaN
Gain on the sale of discontinued operations	NaN	6,303*	NaN	NaN
(loss) income from discontinued operations before income taxes	NaN	-5,977*	NaN	NaN
(benefit) provision for income taxes	NaN	2,752*	NaN	NaN
Loss from discontinued operations, net of tax	0	-8,729	321	-10,441
Net income (loss)	29,055	13,567	3,912	3,197

Basic EPS	1.06	0.601	0.19	0.15
Diluted EPS	1.04	0.597	0.19	0.16
Basic Average Shares	27,497,210	22,585,373	20,681,203	20,670,239
Diluted Average Shares	27,834,475	22,726,648	20,756,508	20,731,397

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.