| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.9B | — | -4.4% | — |
| Op. Income | $32M | $51M | — | -37.7% | — |
| Gross Margin | 26.4% | 7.0% | — | 19.4pp | — |
| Net Margin | -2.8% | 0.1% | — | -2.9pp | — |
| EPS (Diluted) | $-0.28 | $0.02 | — | -1851.8% | — |
| Free Cash Flow | -$151M | -$12M | — | -1192.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $483M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $89M |
| Other Expenses | $355M |
| Operating Expenses | $451M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $32M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | -$49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$51M |
| D&A | $71M |
| EBIT | -$21M |
| EBITDA | $50M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$48M |
| Depreciation & Amortization | $77M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $74M |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$133M |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | -$141M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $84M |
| NET CASH FROM INVESTING | -$54M |
| Net Debt Issuance | $28M |
| Common Stock Repurchased | -$16M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $35M |
| NET CASH FROM FINANCING | $47M |
| FREE CASH FLOW | -$151M |
| Net Change in Cash | -$29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $165M |
| Short-Term Investments | $0 |
| Net Receivables | $568M |
| Inventory | $1.4B |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $2.8B |
| Goodwill | $54M |
| Intangible Assets | $113M |
| Long-Term Investments | $0 |
| Tax Assets | $364M |
| Other Non-Current Assets | $44M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $5.5B |
| Account Payables | $1.1B |
| Short-Term Debt | $46M |
| Deferred Revenue | $76M |
| Other Current Liabilities | $332M |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $46M |
| Other Non-Current Liabilities | $752M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $4.7B |
| Common Stock | $5M |
| Additional Paid-In Capital | $600M |
| Retained Earnings | $237M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $825M |
| Minority Interest | $25M |
| TOTAL EQUITY | $850M |
| TOTAL LIABILITIES & EQUITY | $5.5B |
| Total Debt | $2.3B |
| Net Debt | $2.1B |
