| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $924M | $1.0B | $897M | -8.7% | 3.0% |
| Op. Income | -$1.5B | $34M | -$7M | -4434.7% | -19911.0% |
| Gross Margin | 64.2% | 62.8% | 65.5% | 1.5pp | -1.3pp |
| Net Margin | -163.6% | -0.4% | -8.6% | -163.3pp | -155.0pp |
| EPS (Diluted) | $-8.23 | $-0.02 | $-0.42 | -41889.8% | -1859.5% |
| Free Cash Flow | -$25M | $108M | $44M | -123.3% | -157.4% |
| Item | Amount |
|---|---|
| REVENUE | $924M |
| Cost of Revenue | $331M |
| GROSS PROFIT | $594M |
| R&D Expenses | $20M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $263M |
| Other Expenses | $1.8B |
| Operating Expenses | $2.1B |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | -$1.5B |
| Interest Income | $0 |
| Interest Expense | $58M |
| Other Income/Expenses | -$53M |
| INCOME BEFORE TAX | -$1.5B |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$1.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.5B |
| Net Income Deductions | $5M |
| BOTTOM LINE NET INCOME | -$1.5B |
| D&A | $69M |
| EBIT | -$1.5B |
| EBITDA | -$1.4B |
| EPS | -$8 |
| EPS Diluted | -$8 |
| Item | Amount |
|---|---|
| Net Income | -$1.5B |
| Depreciation & Amortization | $69M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$25M |
| Other Non-Cash Items | $1.5B |
| Change in Working Capital | $19M |
| OPERATING CASH FLOW | $43M |
| Capital Expenditure | -$68M |
| Acquisitions (Net) | $25M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $300.0K |
| NET CASH FROM INVESTING | -$43M |
| Net Debt Issuance | $11M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $11M |
| FREE CASH FLOW | -$25M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $445M |
| Short-Term Investments | $0 |
| Net Receivables | $283M |
| Inventory | $757M |
| Other Current Assets | $54M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $3.6B |
| Goodwill | $620M |
| Intangible Assets | $1.4B |
| Long-Term Investments | $124M |
| Tax Assets | $0 |
| Other Non-Current Assets | $361M |
| TOTAL NON-CURRENT ASSETS | $6.0B |
| TOTAL ASSETS | $7.6B |
| Account Payables | $96M |
| Short-Term Debt | $25M |
| Deferred Revenue | $96M |
| Other Current Liabilities | $164M |
| TOTAL CURRENT LIABILITIES | $826M |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $25M |
| Other Non-Current Liabilities | $348M |
| TOTAL NON-CURRENT LIABILITIES | $4.4B |
| TOTAL LIABILITIES | $5.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | -$500M |
| Treasury Stock | -$51M |
| Accum. Other Comp. Income | -$76M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $7.6B |
| Total Debt | $4.1B |
| Net Debt | $3.7B |
