| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $135M | $117M | — | 15.0% | — |
| Op. Income | $32M | $22M | — | 47.4% | — |
| Gross Margin | 31.5% | 27.4% | — | 4.1pp | — |
| Net Margin | -1.5% | 4.9% | — | -6.4pp | — |
| EPS (Diluted) | $-0.01 | $0.04 | — | -132.5% | — |
| Free Cash Flow | -$27M | -$29M | — | 8.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $135M |
| Cost of Revenue | $92M |
| GROSS PROFIT | $42M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $4M |
| Operating Expenses | $11M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $32M |
| Interest Income | $1M |
| Interest Expense | $6M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $9M |
| EBIT | $31M |
| EBITDA | $41M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $16M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $31M |
| Capital Expenditure | -$58M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$142 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$61M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | -$27M |
| Net Change in Cash | -$41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $80M |
| Short-Term Investments | $0 |
| Net Receivables | $73M |
| Inventory | $46M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $207M |
| PP&E (Net) | $1.6B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $14M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $52M |
| Short-Term Debt | $19M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $36M |
| TOTAL CURRENT LIABILITIES | $143M |
| Long-Term Debt | $346M |
| Deferred Revenue NC | $150M |
| Deferred Tax Liabilities | $58M |
| Other Non-Current Liabilities | $36M |
| TOTAL NON-CURRENT LIABILITIES | $594M |
| TOTAL LIABILITIES | $736M |
| Common Stock | $933M |
| Additional Paid-In Capital | $211M |
| Retained Earnings | -$212M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$128M |
| Other Equity | $4M |
| TOTAL STOCKHOLDERS' EQUITY | $809M |
| Minority Interest | $284M |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $370M |
| Net Debt | $290M |
