| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $714M | $777M | $754M | -8.2% | -5.4% |
| Op. Income | -$26M | $23M | -$33M | -213.3% | 21.7% |
| Gross Margin | 75.7% | 31.8% | 27.5% | 43.9pp | 48.3pp |
| Net Margin | -5.3% | 1.7% | -3.9% | -7.0pp | -1.4pp |
| EPS (Diluted) | $-0.71 | $0.24 | $-0.52 | -395.8% | -36.5% |
| Free Cash Flow | $58M | -$19M | -$53M | 402.9% | 210.1% |
| Item | Amount |
|---|---|
| REVENUE | $714M |
| Cost of Revenue | $173M |
| GROSS PROFIT | $541M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $566M |
| Operating Expenses | $566M |
| Cost & Expenses | $739M |
| OPERATING INCOME | -$26M |
| Interest Income | $1M |
| Interest Expense | $12M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | -$37M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$38M |
| D&A | $15M |
| EBIT | -$25M |
| EBITDA | -$9M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$38M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $96M |
| OPERATING CASH FLOW | $70M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$46M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$181.0K |
| NET CASH FROM FINANCING | -$48M |
| FREE CASH FLOW | $58M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45M |
| Short-Term Investments | $0 |
| Net Receivables | $50M |
| Inventory | $600M |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $735M |
| PP&E (Net) | $910M |
| Goodwill | $130M |
| Intangible Assets | $85M |
| Long-Term Investments | $57M |
| Tax Assets | $43M |
| Other Non-Current Assets | $49M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $272M |
| Short-Term Debt | $7M |
| Deferred Revenue | $43M |
| Other Current Liabilities | $35M |
| TOTAL CURRENT LIABILITIES | $590M |
| Long-Term Debt | $484M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $1.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $78M |
| Treasury Stock | -$833M |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $278M |
| Minority Interest | $3M |
| TOTAL EQUITY | $282M |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $1.3B |
| Net Debt | $1.2B |
