| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $90M | $125M | $122M | -28.0% | -26.4% |
| Op. Income | -$27M | $7M | $7M | -465.8% | -460.0% |
| Gross Margin | 22.1% | 40.2% | 45.4% | -18.1pp | -23.3pp |
| Net Margin | -23.6% | 5.0% | 5.4% | -28.6pp | -29.0pp |
| EPS (Diluted) | $-0.21 | $0.06 | $0.06 | -446.0% | -450.0% |
| Free Cash Flow | $27M | -$31M | -$35M | 187.8% | 178.4% |
| Item | Amount |
|---|---|
| REVENUE | $90M |
| Cost of Revenue | $70M |
| GROSS PROFIT | $20M |
| R&D Expenses | $0 |
| Selling & Marketing | $457.0K |
| General & Administrative | $28M |
| SG&A Expenses | $29M |
| Other Expenses | $18M |
| Operating Expenses | $47M |
| Cost & Expenses | $117M |
| OPERATING INCOME | -$27M |
| Interest Income | $112M |
| Interest Expense | $67M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$27M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $4M |
| EBIT | -$27M |
| EBITDA | -$23M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $38M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$163M |
| Sales/Maturities of Investments | $391M |
| Other Investing Activities | -$47M |
| NET CASH FROM INVESTING | $180M |
| Net Debt Issuance | -$343M |
| Common Stock Repurchased | -$127.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $141M |
| NET CASH FROM FINANCING | -$203M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $289M |
| Short-Term Investments | $773M |
| Net Receivables | $40M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $82M |
| Goodwill | $111M |
| Intangible Assets | $10M |
| Long-Term Investments | $8.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $661M |
| TOTAL NON-CURRENT ASSETS | $9.4B |
| TOTAL ASSETS | $10.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.1B |
| TOTAL CURRENT LIABILITIES | $8.1B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $218M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $9.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $799M |
| Retained Earnings | $882M |
| Treasury Stock | -$461M |
| Accum. Other Comp. Income | -$110M |
| Other Equity | -$31M |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $10.5B |
| Total Debt | $1.1B |
| Net Debt | $791M |
