| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $52M | $291M | $68M | -82.1% | -23.1% |
| Op. Income | -$19M | $6M | -$32M | -391.3% | 42.4% |
| Gross Margin | 41.5% | 21.4% | 19.8% | 20.1pp | 21.7pp |
| Net Margin | -36.7% | 3.4% | -47.8% | -40.1pp | 11.1pp |
| EPS (Diluted) | $-0.31 | $0.16 | $-0.52 | -293.7% | 40.4% |
| Free Cash Flow | $17M | -$12M | -$791.0K | 245.0% | 2225.4% |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $40M |
| Operating Expenses | $40M |
| Cost & Expenses | $71M |
| OPERATING INCOME | -$19M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$19M |
| D&A | $7M |
| EBIT | -$17M |
| EBITDA | -$10M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | -$14M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $23M |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$334.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $333.0K |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$25M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $110M |
| Short-Term Investments | $0 |
| Net Receivables | $50M |
| Inventory | $0 |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $179M |
| PP&E (Net) | $811M |
| Goodwill | $176M |
| Intangible Assets | $124M |
| Long-Term Investments | $109M |
| Tax Assets | $0 |
| Other Non-Current Assets | $125M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.5B |
| Account Payables | $64M |
| Short-Term Debt | $104M |
| Deferred Revenue | $112M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $287M |
| Long-Term Debt | $513M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $44M |
| Other Non-Current Liabilities | $41M |
| TOTAL NON-CURRENT LIABILITIES | $701M |
| TOTAL LIABILITIES | $988M |
| Common Stock | $624.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$586M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $524M |
| Minority Interest | $12M |
| TOTAL EQUITY | $536M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $721M |
| Net Debt | $611M |
