Reported FY2025 revenue was $791.0 million (-9.4% YoY) with gross margin of 21.7% (+10 bps YoY). Pro forma FY2025 revenue was $879.6 million (-13.6% YoY) with gross margin of 21.9% (+30 bps YoY). GAAP net income for FY2025 was $1.1 billion, versus a prior-year net loss of $215.2 million, primarily reflecting reorganization-related gains. Pro Forma Normalized EBITDA for FY2025 was $90.2 million (-13.7% YoY). Q4 2025 pro forma revenue was $207.0 million (-15.1% YoY) with gross margin of 22.7% (+110 bps YoY). Q4 2025 Pro Forma Normalized EBITDA was $19.2 million (-35.0% YoY). Total Contract Value (TCV) closed in FY2025 was $297.8 million, including $163.8 million of new TCV. Q4 2025 new TCV was $60.2 million (+53.2% YoY) and new ACV was $34.8 million (+37.7% YoY). Balance sheet transformed: total liabilities fell to $814.8 million from $1.85 billion, and equity turned positive to $87.3 million as of December 31, 2025. As reported FY2025 segment results: Applied Workflow Automation revenue $723.2 million (-11.4% YoY, GM 17.9%), Technology revenue $67.8 million (+20.6% YoY, GM 62.5%). Pro forma FY2025 segment results: Applied Workflow Automation revenue $788.6 million (-14.3% YoY, GM 17.4%), Technology revenue $91.0 million (-6.3% YoY, GM 60.6%). Management highlighted AI-driven operating leverage, sales leadership investments, and a focus on stabilizing the portfolio for a return to growth.