| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $42M | $24M | $43M | 75.2% | -2.8% |
| Op. Income | $17M | -$91M | $16M | 118.7% | 7.8% |
| Gross Margin | 17.3% | -23.6% | 69.4% | 40.9pp | -52.1pp |
| Net Margin | 41.5% | -359.9% | 25.9% | 401.4pp | 15.6pp |
| EPS (Diluted) | $0.05 | $-0.26 | $0.04 | 120.8% | 40.4% |
| Free Cash Flow | -$104M | -$183M | -$144M | 43.1% | 27.7% |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | -$19M |
| Operating Expenses | -$10M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $17M |
| Interest Income | $357.0K |
| Interest Expense | $590.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $37M |
| EBIT | $16M |
| EBITDA | $53M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | -$19M |
| Operating Expenses | -$10M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $17M |
| Interest Income | $357.0K |
| Interest Expense | $590.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $37M |
| EBIT | $16M |
| EBITDA | $53M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$91M |
| Change in Working Capital | $308.0K |
| OPERATING CASH FLOW | -$29M |
| Capital Expenditure | -$75M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $69M |
| Other Investing Activities | $17M |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | $23M |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$104M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $35M |
| Inventory | $93M |
| Other Current Assets | $35M |
| TOTAL CURRENT ASSETS | $168M |
| PP&E (Net) | $532M |
| Goodwill | $0 |
| Intangible Assets | $9M |
| Long-Term Investments | $54M |
| Tax Assets | $0 |
| Other Non-Current Assets | $92M |
| TOTAL NON-CURRENT ASSETS | $687M |
| TOTAL ASSETS | $855M |
| Account Payables | $23M |
| Short-Term Debt | $32M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $132M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $42M |
| TOTAL LIABILITIES | $173M |
| Common Stock | $361.0K |
| Additional Paid-In Capital | $863M |
| Retained Earnings | -$181M |
| Treasury Stock | -$11.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $682M |
| Minority Interest | $0 |
| TOTAL EQUITY | $682M |
| TOTAL LIABILITIES & EQUITY | $855M |
| Total Debt | $56M |
| Net Debt | $51M |
