| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $172M | $156M | $124M | 9.8% | 38.0% |
| Op. Income | $67M | $61M | $31M | 10.1% | 118.5% |
| Gross Margin | 47.3% | 46.2% | 29.5% | 1.1pp | 17.8pp |
| Net Margin | 9.7% | -7.6% | -4.8% | 17.3pp | 14.5pp |
| EPS (Diluted) | $0.23 | $-0.16 | $-0.08 | 243.8% | 381.2% |
| Free Cash Flow | -$813.0K | $5M | $33M | -117.9% | -102.5% |
| Item | Amount |
|---|---|
| REVENUE | $172M |
| Cost of Revenue | $90M |
| GROSS PROFIT | $81M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $5M |
| Operating Expenses | $14M |
| Cost & Expenses | $104M |
| OPERATING INCOME | $67M |
| Interest Income | $3M |
| Interest Expense | $11M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $14M |
| EBIT | $68M |
| EBITDA | $82M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $172M |
| Cost of Revenue | $90M |
| GROSS PROFIT | $81M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $5M |
| Operating Expenses | $14M |
| Cost & Expenses | $104M |
| OPERATING INCOME | $67M |
| Interest Income | $3M |
| Interest Expense | $11M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $14M |
| EBIT | $68M |
| EBITDA | $82M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $134.0K |
| Deferred Income Tax | $40M |
| Other Non-Cash Items | $23M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $66M |
| Capital Expenditure | -$67M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$63M |
| Net Debt Issuance | $108M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$17M |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | $78M |
| FREE CASH FLOW | -$813.0K |
| Net Change in Cash | $74M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $270M |
| Short-Term Investments | $0 |
| Net Receivables | $61M |
| Inventory | $58M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $389M |
| PP&E (Net) | $611M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $15M |
| Other Non-Current Assets | $65M |
| TOTAL NON-CURRENT ASSETS | $691M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $70M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $107M |
| TOTAL CURRENT LIABILITIES | $251M |
| Long-Term Debt | $361M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $32M |
| Other Non-Current Liabilities | $202M |
| TOTAL NON-CURRENT LIABILITIES | $606M |
| TOTAL LIABILITIES | $857M |
| Common Stock | $599M |
| Additional Paid-In Capital | $56M |
| Retained Earnings | -$431M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$723.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $223M |
| Minority Interest | $0 |
| TOTAL EQUITY | $223M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $385M |
| Net Debt | $115M |
