| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $27M | — | — | — | — |
| Op. Income | -$26M | — | — | — | — |
| Gross Margin | -26.3% | — | — | — | — |
| Net Margin | -170.9% | — | — | — | — |
| EPS (Diluted) | $-2.04 | — | — | — | — |
| Free Cash Flow | -$29M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $27M |
| Cost of Revenue | $34M |
| GROSS PROFIT | -$7M |
| R&D Expenses | $34M |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | -$36M |
| Operating Expenses | $19M |
| Cost & Expenses | $53M |
| OPERATING INCOME | -$26M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | -$47M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$46M |
| D&A | $3M |
| EBIT | -$26M |
| EBITDA | -$23M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$46M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$153.0K |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | -$29M |
| Capital Expenditure | -$73.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $52.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$21.0K |
| Net Debt Issuance | $91M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$74M |
| NET CASH FROM FINANCING | $24M |
| FREE CASH FLOW | -$29M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40M |
| Short-Term Investments | $0 |
| Net Receivables | $407.0K |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $46M |
| PP&E (Net) | $147M |
| Goodwill | $24M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $181M |
| TOTAL ASSETS | $226M |
| Account Payables | $61M |
| Short-Term Debt | $3M |
| Deferred Revenue | $31.0K |
| Other Current Liabilities | $122M |
| TOTAL CURRENT LIABILITIES | $221M |
| Long-Term Debt | $30M |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $225M |
| TOTAL NON-CURRENT LIABILITIES | $311M |
| TOTAL LIABILITIES | $533M |
| Common Stock | $236.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | -$2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$326M |
| Minority Interest | $20M |
| TOTAL EQUITY | -$306M |
| TOTAL LIABILITIES & EQUITY | $226M |
| Total Debt | $95M |
| Net Debt | $54M |
