| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | — | $1.1B | — | 25.9% |
| Op. Income | -$41M | — | -$83M | — | 51.1% |
| Gross Margin | 17.5% | — | 18.3% | — | -0.8pp |
| Net Margin | -2.9% | — | -7.6% | — | 4.7pp |
| EPS (Diluted) | $-0.08 | — | $-0.17 | — | 52.9% |
| Free Cash Flow | $27M | — | -$41M | — | 165.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $241M |
| R&D Expenses | $47M |
| Selling & Marketing | $92M |
| General & Administrative | $33M |
| SG&A Expenses | $125M |
| Other Expenses | $110M |
| Operating Expenses | $282M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | -$41M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $400.0K |
| INCOME BEFORE TAX | -$40M |
| Income Tax Expense | $200.0K |
| Net Income from Continuing Ops | -$40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$41M |
| D&A | $20M |
| EBIT | -$39M |
| EBITDA | -$19M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$41M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $31M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $31M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | -$14M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $224M |
| Short-Term Investments | $0 |
| Net Receivables | $73M |
| Inventory | $0 |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $330M |
| PP&E (Net) | $515M |
| Goodwill | $234M |
| Intangible Assets | $74M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $848M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $13M |
| Short-Term Debt | $24M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $112M |
| TOTAL CURRENT LIABILITIES | $353M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $32M |
| TOTAL NON-CURRENT LIABILITIES | $412M |
| TOTAL LIABILITIES | $766M |
| Common Stock | $0 |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | -$2.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $409M |
| Minority Interest | $3M |
| TOTAL EQUITY | $412M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $498M |
| Net Debt | $274M |
