| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $188M | $185M | $166M | 1.5% | 13.0% |
| Op. Income | $15M | $24M | $25M | -40.1% | -40.4% |
| Gross Margin | 3.4% | 4.7% | 2.0% | -1.4pp | 1.3pp |
| Net Margin | -2.7% | 1.7% | 4.2% | -4.4pp | -6.9pp |
| EPS (Diluted) | $-0.08 | $0.05 | $0.05 | -262.2% | -272.6% |
| Free Cash Flow | $20M | $18M | $27M | 11.7% | -27.7% |
| Item | Amount |
|---|---|
| REVENUE | $188M |
| Cost of Revenue | $181M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | -$13M |
| Operating Expenses | -$8M |
| Cost & Expenses | $163M |
| OPERATING INCOME | $15M |
| Interest Income | $5M |
| Interest Expense | $21M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | $592.0K |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $3M |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $24M |
| EBIT | $14M |
| EBITDA | $38M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$25M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $19M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $49M |
| Common Stock Repurchased | -$68.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$142M |
| NET CASH FROM FINANCING | $11M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $46M |
| Short-Term Investments | $0 |
| Net Receivables | $276M |
| Inventory | $0 |
| Other Current Assets | -$107M |
| TOTAL CURRENT ASSETS | $215M |
| PP&E (Net) | $112M |
| Goodwill | $0 |
| Intangible Assets | $98M |
| Long-Term Investments | $2.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $156M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $160M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$160M |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $104M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $797.0K |
| Additional Paid-In Capital | $714M |
| Retained Earnings | -$223M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $1M |
| TOTAL STOCKHOLDERS' EQUITY | $664M |
| Minority Interest | $218M |
| TOTAL EQUITY | $881M |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $1.6B |
| Net Debt | $1.5B |
