| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $585M | $573M | — | 2.0% | — |
| Op. Income | $106M | $111M | — | -4.7% | — |
| Gross Margin | 35.1% | 37.8% | — | -2.7pp | — |
| Net Margin | -31.9% | -227.8% | — | 195.9pp | — |
| EPS (Diluted) | $-0.12 | $0.06 | — | -293.2% | — |
| Free Cash Flow | -$225M | -$116M | — | -94.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $585M |
| Cost of Revenue | $380M |
| GROSS PROFIT | $205M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $96M |
| Operating Expenses | $99M |
| Cost & Expenses | $479M |
| OPERATING INCOME | $106M |
| Interest Income | $0 |
| Interest Expense | $89M |
| Other Income/Expenses | -$80M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $154M |
| Net Income from Continuing Ops | -$127M |
| Net Income from Discontinued Ops | -$97M |
| Other Adjustments | $0 |
| NET INCOME | -$186M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$92M |
| D&A | $19M |
| EBIT | $102M |
| EBITDA | $120M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$186M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $227M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $48M |
| Capital Expenditure | -$273M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.1B |
| NET CASH FROM INVESTING | $786M |
| Net Debt Issuance | -$1.0B |
| Common Stock Repurchased | -$137.0K |
| Common Dividends Paid | -$53M |
| Other Financing Activities | $230M |
| NET CASH FROM FINANCING | -$857M |
| FREE CASH FLOW | -$225M |
| Net Change in Cash | -$156M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $0 |
| Net Receivables | $423M |
| Inventory | $224M |
| Other Current Assets | $385M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $9.5B |
| Goodwill | $1.3B |
| Intangible Assets | $69M |
| Long-Term Investments | $68M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.9B |
| TOTAL NON-CURRENT ASSETS | $15.8B |
| TOTAL ASSETS | $17.0B |
| Account Payables | $164M |
| Short-Term Debt | $493M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $337M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $6.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3.0B |
| TOTAL NON-CURRENT LIABILITIES | $9.3B |
| TOTAL LIABILITIES | $10.8B |
| Common Stock | $7.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$2.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $62M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.7B |
| Minority Interest | $1.5B |
| TOTAL EQUITY | $6.2B |
| TOTAL LIABILITIES & EQUITY | $17.0B |
| Total Debt | $6.7B |
| Net Debt | $6.7B |
