| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $628M | $562M | $611M | 11.7% | 2.7% |
| Op. Income | -$264M | -$26M | $11M | -902.2% | -2587.6% |
| Gross Margin | 18.5% | 8.5% | 14.8% | 10.0pp | 3.7pp |
| Net Margin | -34.4% | -6.5% | -0.3% | -27.9pp | -34.1pp |
| EPS (Diluted) | $-12.00 | $-2.05 | $-0.13 | -485.4% | -9130.8% |
| Free Cash Flow | $24M | -$29M | -$67M | 183.7% | 135.6% |
| Item | Amount |
|---|---|
| REVENUE | $628M |
| Cost of Revenue | $512M |
| GROSS PROFIT | $116M |
| R&D Expenses | $0 |
| Selling & Marketing | $23M |
| General & Administrative | $0 |
| SG&A Expenses | $23M |
| Other Expenses | $357M |
| Operating Expenses | $380M |
| Cost & Expenses | $892M |
| OPERATING INCOME | -$264M |
| Interest Income | $11M |
| Interest Expense | $27M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | -$282M |
| Income Tax Expense | -$65M |
| Net Income from Continuing Ops | -$216M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$216M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$216M |
| D&A | $65M |
| EBIT | -$255M |
| EBITDA | -$190M |
| EPS | -$12 |
| EPS Diluted | -$12 |
| Item | Amount |
|---|---|
| Net Income | -$216M |
| Depreciation & Amortization | $65M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $261M |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | $84M |
| Capital Expenditure | -$60M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$164M |
| Sales/Maturities of Investments | $157M |
| Other Investing Activities | $113M |
| NET CASH FROM INVESTING | $46M |
| Net Debt Issuance | -$122M |
| Common Stock Repurchased | -$886.0K |
| Common Dividends Paid | $1.0K |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$119M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $302M |
| Short-Term Investments | $495M |
| Net Receivables | $90M |
| Inventory | $36M |
| Other Current Assets | $68M |
| TOTAL CURRENT ASSETS | $992M |
| PP&E (Net) | $3.2B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $67M |
| Tax Assets | $117M |
| Other Non-Current Assets | $220M |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $62M |
| Short-Term Debt | $455M |
| Deferred Revenue | $412M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $39M |
| Deferred Tax Liabilities | $433M |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $26.0K |
| Additional Paid-In Capital | $761M |
| Retained Earnings | $1.0B |
| Treasury Stock | -$678M |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $2.1B |
| Net Debt | $1.8B |
