| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $47M | $309M | — | -84.9% | — |
| Op. Income | -$348M | $130M | — | -367.7% | — |
| Gross Margin | 1136.3% | 175.0% | — | 961.3pp | — |
| Net Margin | -347.3% | 28.5% | — | -375.9pp | — |
| EPS (Diluted) | $-1.06 | $0.58 | — | -282.8% | — |
| Free Cash Flow | $207M | $125M | — | 65.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $456M |
| GROSS PROFIT | $529M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $62M |
| SG&A Expenses | $79M |
| Other Expenses | $107M |
| Operating Expenses | $186M |
| Cost & Expenses | $186M |
| OPERATING INCOME | -$348M |
| Interest Income | -$130M |
| Interest Expense | $0 |
| Other Income/Expenses | $170M |
| INCOME BEFORE TAX | -$178M |
| Income Tax Expense | -$16M |
| Net Income from Continuing Ops | -$162M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$162M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$278M |
| D&A | $233M |
| EBIT | -$489M |
| EBITDA | $292M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$162M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $315M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $207M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $148M |
| Other Investing Activities | -$1.2B |
| NET CASH FROM INVESTING | -$1.0B |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$227.0K |
| Common Dividends Paid | $101M |
| Other Financing Activities | $908M |
| NET CASH FROM FINANCING | $891M |
| FREE CASH FLOW | $207M |
| Net Change in Cash | $53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $544M |
| Short-Term Investments | $4.6B |
| Net Receivables | $168M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.3B |
| PP&E (Net) | $379M |
| Goodwill | $1.1B |
| Intangible Assets | $32M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $43.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $792M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $37.6B |
| TOTAL NON-CURRENT LIABILITIES | $38.4B |
| TOTAL LIABILITIES | $38.4B |
| Common Stock | $2M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$74M |
| Other Equity | $1.6B |
| TOTAL STOCKHOLDERS' EQUITY | $4.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.6B |
| TOTAL LIABILITIES & EQUITY | $43.0B |
| Total Debt | $792M |
| Net Debt | -$544M |
