| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | — | $1.7B | — | -10.6% |
| Op. Income | -$127M | — | -$20M | — | -529.8% |
| Gross Margin | 14.3% | — | 12.5% | — | 1.7pp |
| Net Margin | 2.2% | — | -0.1% | — | 2.3pp |
| EPS (Diluted) | $0.48 | — | $-0.02 | — | 2385.7% |
| Free Cash Flow | -$251M | — | $258M | — | -197.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $217M |
| R&D Expenses | $30M |
| Selling & Marketing | $132M |
| General & Administrative | $220M |
| SG&A Expenses | $351M |
| Other Expenses | -$38M |
| Operating Expenses | $344M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | -$127M |
| Interest Income | $26M |
| Interest Expense | $35M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | -$147M |
| Income Tax Expense | -$12M |
| Net Income from Continuing Ops | -$136M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $85.0K |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $0 |
| EBIT | -$112M |
| EBITDA | -$112M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $208M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$98M |
| Other Non-Cash Items | $174M |
| Change in Working Capital | -$28M |
| OPERATING CASH FLOW | $290M |
| Capital Expenditure | -$542M |
| Acquisitions (Net) | -$11M |
| Purchases of Investments | -$29M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$49M |
| NET CASH FROM INVESTING | -$631M |
| Net Debt Issuance | $1.4B |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.7B |
| NET CASH FROM FINANCING | -$90M |
| FREE CASH FLOW | -$251M |
| Net Change in Cash | -$564M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.3B |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $1.2B |
| Other Current Assets | $451M |
| TOTAL CURRENT ASSETS | $5.5B |
| PP&E (Net) | $5.5B |
| Goodwill | $0 |
| Intangible Assets | $31M |
| Long-Term Investments | $319M |
| Tax Assets | $474M |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $8.0B |
| TOTAL ASSETS | $13.5B |
| Account Payables | $1.1B |
| Short-Term Debt | $3.0B |
| Deferred Revenue | $205M |
| Other Current Liabilities | $1.4B |
| TOTAL CURRENT LIABILITIES | $5.7B |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $205M |
| Other Non-Current Liabilities | $588M |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $9.4B |
| Common Stock | $836M |
| Additional Paid-In Capital | $591M |
| Retained Earnings | $1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$196M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $1.3B |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $13.5B |
| Total Debt | $5.9B |
| Net Debt | $3.7B |
