| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $315M | — | $244M | — | 29.2% |
| Op. Income | -$3M | — | $167.1K | — | -1795.0% |
| Gross Margin | 0.8% | — | 1.3% | — | -0.5pp |
| Net Margin | -0.7% | — | -0.0% | — | -0.7pp |
| EPS (Diluted) | $-0.07 | — | $-0.00 | — | -11666.7% |
| Free Cash Flow | -$4M | — | -$3M | — | -44.4% |
| Item | Amount |
|---|---|
| REVENUE | $315M |
| Cost of Revenue | $313M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $3M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $317M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $342.9K |
| Other Income/Expenses | -$700.3K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | -$46.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $95.1K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $264.1K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$590.0K |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$127.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$127.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $39M |
| Inventory | $0 |
| Other Current Assets | $295.0K |
| TOTAL CURRENT ASSETS | $68M |
| PP&E (Net) | $951.9K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $951.9K |
| TOTAL ASSETS | $69M |
| Account Payables | $42M |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $46M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $35.4K |
| TOTAL LIABILITIES | $47M |
| Common Stock | $2.8K |
| Additional Paid-In Capital | $14M |
| Retained Earnings | $9M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23M |
| Minority Interest | -$31.7K |
| TOTAL EQUITY | $23M |
| TOTAL LIABILITIES & EQUITY | $69M |
| Total Debt | $2M |
| Net Debt | -$6M |
