| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $201M | $199M | $192M | 1.4% | 5.0% |
| Op. Income | -$20M | $265M | $160M | -107.5% | -112.5% |
| Gross Margin | 93.9% | 95.1% | 95.8% | -1.3pp | -1.9pp |
| Net Margin | -72.8% | 68.7% | 15.9% | -141.5pp | -88.7pp |
| EPS (Diluted) | $-2.06 | $1.41 | $0.17 | -246.1% | -1311.8% |
| Free Cash Flow | $38M | $41M | $31M | -8.4% | 21.1% |
| Item | Amount |
|---|---|
| REVENUE | $201M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $189M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $221M |
| OPERATING INCOME | -$20M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$127M |
| INCOME BEFORE TAX | -$147M |
| Income Tax Expense | -$5.0K |
| Net Income from Continuing Ops | -$147M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$147M |
| Net Income Deductions | -$22M |
| BOTTOM LINE NET INCOME | -$147M |
| D&A | $321.0K |
| EBIT | -$20M |
| EBITDA | -$20M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$147M |
| Depreciation & Amortization | $321.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $202M |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$84M |
| Sales/Maturities of Investments | $592M |
| Other Investing Activities | $183M |
| NET CASH FROM INVESTING | $690M |
| Net Debt Issuance | -$689M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$741M |
| FREE CASH FLOW | $38M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $84M |
| Short-Term Investments | $0 |
| Net Receivables | $81M |
| Inventory | $0 |
| Other Current Assets | -$165M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $22M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$43M |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $13.1B |
| Account Payables | $0 |
| Short-Term Debt | $3.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $576M |
| TOTAL CURRENT LIABILITIES | $4.4B |
| Long-Term Debt | $6.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$6.2B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $10.6B |
| Common Stock | $809.0K |
| Additional Paid-In Capital | $3.5B |
| Retained Earnings | -$2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $159M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $13.1B |
| Total Debt | $10.0B |
| Net Debt | $9.9B |
