| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $611M | $565M | — | 8.1% | — |
| Op. Income | $11M | -$18M | — | 159.3% | — |
| Gross Margin | 14.8% | 12.9% | — | 2.0pp | — |
| Net Margin | -0.3% | -4.4% | — | 4.1pp | — |
| EPS (Diluted) | $-0.13 | $-1.44 | — | 91.0% | — |
| Free Cash Flow | -$67M | -$101M | — | 33.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $611M |
| Cost of Revenue | $520M |
| GROSS PROFIT | $91M |
| R&D Expenses | $0 |
| Selling & Marketing | $29M |
| General & Administrative | $0 |
| SG&A Expenses | $29M |
| Other Expenses | $51M |
| Operating Expenses | $80M |
| Cost & Expenses | $600M |
| OPERATING INCOME | $11M |
| Interest Income | $12M |
| Interest Expense | $24M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $163.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | -$13.0K |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $59M |
| EBIT | $23M |
| EBITDA | $81M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $59M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $34M |
| Change in Working Capital | -$37M |
| OPERATING CASH FLOW | $54M |
| Capital Expenditure | -$121M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$223M |
| Sales/Maturities of Investments | $224M |
| Other Investing Activities | -$64M |
| NET CASH FROM INVESTING | -$184M |
| Net Debt Issuance | -$26M |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $34M |
| NET CASH FROM FINANCING | -$16M |
| FREE CASH FLOW | -$67M |
| Net Change in Cash | -$147M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $160M |
| Short-Term Investments | $671M |
| Net Receivables | $71M |
| Inventory | $36M |
| Other Current Assets | $63M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $3.5B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $73M |
| Tax Assets | $64M |
| Other Non-Current Assets | $252M |
| TOTAL NON-CURRENT ASSETS | $3.9B |
| TOTAL ASSETS | $4.9B |
| Account Payables | $54M |
| Short-Term Debt | $440M |
| Deferred Revenue | $392M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $32M |
| Deferred Tax Liabilities | $449M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $26.0K |
| Additional Paid-In Capital | $741M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$682M |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $4.9B |
| Total Debt | $2.4B |
| Net Debt | $2.2B |
