| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $132M | $172M | $168M | -23.4% | -21.5% |
| Op. Income | -$17M | $18M | $25M | -193.8% | -167.5% |
| Gross Margin | 33.1% | 44.2% | 47.3% | -11.1pp | -14.2pp |
| Net Margin | -15.5% | 7.8% | 9.7% | -23.3pp | -25.2pp |
| EPS (Diluted) | $-0.54 | $0.29 | $0.37 | -286.2% | -245.9% |
| Free Cash Flow | $87M | -$34M | -$42M | 355.1% | 309.4% |
| Item | Amount |
|---|---|
| REVENUE | $132M |
| Cost of Revenue | $88M |
| GROSS PROFIT | $44M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $39M |
| SG&A Expenses | $41M |
| Other Expenses | $20M |
| Operating Expenses | $61M |
| Cost & Expenses | $149M |
| OPERATING INCOME | -$17M |
| Interest Income | $165M |
| Interest Expense | $74M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$17M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$22M |
| D&A | $2M |
| EBIT | -$17M |
| EBITDA | -$16M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$20M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $54M |
| Change in Working Capital | $50M |
| OPERATING CASH FLOW | $89M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$382M |
| Sales/Maturities of Investments | $412M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | $25M |
| Net Debt Issuance | $150M |
| Common Stock Repurchased | $1M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $269M |
| NET CASH FROM FINANCING | $544M |
| FREE CASH FLOW | $87M |
| Net Change in Cash | $658M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $7M |
| Net Receivables | $56M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $81M |
| Goodwill | $156M |
| Intangible Assets | $4M |
| Long-Term Investments | $12.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $434M |
| TOTAL NON-CURRENT ASSETS | $13.0B |
| TOTAL ASSETS | $14.4B |
| Account Payables | $0 |
| Short-Term Debt | $50M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.7B |
| TOTAL CURRENT LIABILITIES | $11.7B |
| Long-Term Debt | $880M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $291M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $13.0B |
| Common Stock | $461.0K |
| Additional Paid-In Capital | $625M |
| Retained Earnings | $795M |
| Treasury Stock | -$87M |
| Accum. Other Comp. Income | -$45M |
| Other Equity | -$8M |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $14.4B |
| Total Debt | $979M |
| Net Debt | -$304M |
