| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $2.3B | — | -12.6% | — |
| Op. Income | $14M | $42M | — | -65.4% | — |
| Gross Margin | 4.6% | 5.0% | — | -0.4pp | — |
| Net Margin | -0.1% | 0.4% | — | -0.5pp | — |
| EPS (Diluted) | $-0.03 | $0.07 | — | -143.0% | — |
| Free Cash Flow | -$13M | $80M | — | -116.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $92M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $40M |
| SG&A Expenses | $40M |
| Other Expenses | $38M |
| Operating Expenses | $78M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $14M |
| Interest Income | $4M |
| Interest Expense | $24M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | -$3M |
| 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 | -$4M |
| D&A | $34M |
| EBIT | $19M |
| EBITDA | $52M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$34M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | -$27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $262M |
| Short-Term Investments | $5M |
| Net Receivables | $142M |
| Inventory | $231M |
| Other Current Assets | $57M |
| TOTAL CURRENT ASSETS | $722M |
| PP&E (Net) | $2.3B |
| Goodwill | $300M |
| Intangible Assets | $182M |
| Long-Term Investments | $3M |
| Tax Assets | $68M |
| Other Non-Current Assets | $54M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $190M |
| Short-Term Debt | $13M |
| Deferred Revenue | $18M |
| Other Current Liabilities | $32M |
| TOTAL CURRENT LIABILITIES | $445M |
| Long-Term Debt | $868M |
| Deferred Revenue NC | $32M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $279M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $12.0K |
| Additional Paid-In Capital | $277M |
| Retained Earnings | $97M |
| Treasury Stock | -$106M |
| Accum. Other Comp. Income | $9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $377M |
| Minority Interest | $0 |
| TOTAL EQUITY | $377M |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $2.6B |
| Net Debt | $2.3B |
