| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $143M | $188M | $191M | -24.0% | -25.4% |
| Op. Income | $24M | $15M | -$4M | 61.6% | 671.5% |
| Gross Margin | -12.0% | 3.4% | -12.6% | -15.4pp | 0.6pp |
| Net Margin | 16.4% | -2.7% | -8.0% | 19.1pp | 24.4pp |
| EPS (Diluted) | $0.20 | $-0.08 | $-0.20 | 355.8% | 200.0% |
| Free Cash Flow | $9M | $20M | $11M | -53.5% | -17.9% |
| Item | Amount |
|---|---|
| REVENUE | $143M |
| Cost of Revenue | -$275M |
| GROSS PROFIT | -$17M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | -$33M |
| Operating Expenses | -$29M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $24M |
| Interest Income | $5M |
| Interest Expense | $18M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | -$494.0K |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $2M |
| NET INCOME | $23M |
| Net Income Deductions | $3M |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $25M |
| EBIT | $47M |
| EBITDA | $72M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$35M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $79M |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | $41M |
| Net Debt Issuance | -$59M |
| Common Stock Repurchased | -$19.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $45M |
| NET CASH FROM FINANCING | -$35M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34M |
| Short-Term Investments | $0 |
| Net Receivables | $270M |
| Inventory | $0 |
| Other Current Assets | -$46M |
| TOTAL CURRENT ASSETS | $258M |
| PP&E (Net) | $112M |
| Goodwill | $0 |
| Intangible Assets | $90M |
| Long-Term Investments | $1.9B |
| Tax Assets | $2M |
| Other Non-Current Assets | $133M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $143M |
| Short-Term Debt | $140M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$167M |
| TOTAL CURRENT LIABILITIES | $140M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $49M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $797.0K |
| Additional Paid-In Capital | $715M |
| Retained Earnings | -$219M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $3M |
| TOTAL STOCKHOLDERS' EQUITY | $671M |
| Minority Interest | $219M |
| TOTAL EQUITY | $890M |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $1.6B |
| Net Debt | $1.5B |
