| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $304M | $288M | $158M | 5.9% | 93.1% |
| Op. Income | $15M | $28M | $65M | -46.0% | -76.7% |
| Gross Margin | 17.4% | 21.0% | 50.5% | -3.6pp | -33.1pp |
| Net Margin | 1.3% | 5.2% | 18.7% | -3.9pp | -17.4pp |
| EPS (Diluted) | $0.04 | $0.13 | $0.29 | -72.8% | -87.8% |
| Free Cash Flow | -$1M | -$55M | -$43M | 98.0% | 97.5% |
| Item | Amount |
|---|---|
| REVENUE | $304M |
| Cost of Revenue | $251M |
| GROSS PROFIT | $53M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $25M |
| Other Expenses | $12M |
| Operating Expenses | $38M |
| Cost & Expenses | $289M |
| OPERATING INCOME | $15M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $415.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $31M |
| EBIT | $16M |
| EBITDA | $46M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $304M |
| Cost of Revenue | $251M |
| GROSS PROFIT | $53M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $25M |
| Other Expenses | $12M |
| Operating Expenses | $38M |
| Cost & Expenses | $289M |
| OPERATING INCOME | $15M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $415.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $31M |
| EBIT | $16M |
| EBITDA | $46M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $154.0K |
| Other Non-Cash Items | $19M |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | $85M |
| Capital Expenditure | -$86M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | -$76M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$25M |
| Other Financing Activities | -$37.0K |
| NET CASH FROM FINANCING | -$35M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $79M |
| Short-Term Investments | $0 |
| Net Receivables | $180M |
| Inventory | $38M |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $317M |
| PP&E (Net) | $1.5B |
| Goodwill | $75M |
| Intangible Assets | $109M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $125M |
| Short-Term Debt | $36M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $258M |
| Long-Term Debt | $439M |
| Deferred Revenue NC | $951.0K |
| Deferred Tax Liabilities | $207M |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $669M |
| TOTAL LIABILITIES | $927M |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $496M |
| Net Debt | $417M |
