| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $43M | — | -66.0% | — |
| Op. Income | $32M | -$34M | — | 194.6% | — |
| Gross Margin | 59.5% | -8.6% | — | 68.1pp | — |
| Net Margin | -437.1% | -145.0% | — | -292.2pp | — |
| EPS (Diluted) | $-0.58 | $-0.52 | — | -11.5% | — |
| Free Cash Flow | -$89M | -$2M | — | -3724.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $9M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | -$23M |
| Other Expenses | $0 |
| Operating Expenses | -$23M |
| Cost & Expenses | -$17M |
| OPERATING INCOME | $32M |
| Interest Income | $931.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $96.0K |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | -$75M |
| Other Adjustments | $0 |
| NET INCOME | -$64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$64M |
| D&A | -$26M |
| EBIT | $20M |
| EBITDA | -$6M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$64M |
| Depreciation & Amortization | $66M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | -$32M |
| OPERATING CASH FLOW | -$34M |
| Capital Expenditure | -$55M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$50M |
| Net Debt Issuance | $66M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$859.0K |
| NET CASH FROM FINANCING | $75M |
| FREE CASH FLOW | -$89M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $397M |
| TOTAL CURRENT ASSETS | $404M |
| PP&E (Net) | $339M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $359M |
| TOTAL ASSETS | $763M |
| Account Payables | $105M |
| Short-Term Debt | $46M |
| Deferred Revenue | $24M |
| Other Current Liabilities | $337M |
| TOTAL CURRENT LIABILITIES | $554M |
| Long-Term Debt | $79M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $84M |
| TOTAL LIABILITIES | $638M |
| Common Stock | $144.0K |
| Additional Paid-In Capital | $375M |
| Retained Earnings | -$250M |
| Treasury Stock | -$62.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $125M |
| Minority Interest | $0 |
| TOTAL EQUITY | $125M |
| TOTAL LIABILITIES & EQUITY | $763M |
| Total Debt | $136M |
| Net Debt | $132M |
