| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $259M | $216M | $235M | 19.7% | 9.9% |
| Op. Income | $8M | -$31M | -$14M | 125.6% | 158.8% |
| Gross Margin | 20.8% | 9.9% | 18.7% | 10.9pp | 2.1pp |
| Net Margin | -18.5% | -21.4% | -8.0% | 3.0pp | -10.4pp |
| EPS (Diluted) | $-0.13 | $-0.13 | $-0.05 | 0.0% | -141.2% |
| Free Cash Flow | $57M | $17M | -$51M | 244.5% | 213.2% |
| Item | Amount |
|---|---|
| REVENUE | $259M |
| Cost of Revenue | $205M |
| GROSS PROFIT | $54M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $58M |
| Other Expenses | -$24M |
| Operating Expenses | $46M |
| Cost & Expenses | $251M |
| OPERATING INCOME | $8M |
| Interest Income | -$429.1K |
| Interest Expense | $5M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | -$48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1.2K |
| NET INCOME | -$48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$48M |
| D&A | $6M |
| EBIT | -$13M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$48M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $186M |
| Change in Working Capital | -$52M |
| OPERATING CASH FLOW | $87M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | $65M |
| Purchases of Investments | -$25M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | $20M |
| Net Debt Issuance | -$29M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$34M |
| FREE CASH FLOW | $57M |
| Net Change in Cash | $88M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $358M |
| Short-Term Investments | $106M |
| Net Receivables | $255M |
| Inventory | $36M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $797M |
| PP&E (Net) | $963M |
| Goodwill | $331M |
| Intangible Assets | $31M |
| Long-Term Investments | $49M |
| Tax Assets | $20M |
| Other Non-Current Assets | $44M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $100M |
| Short-Term Debt | $59M |
| Deferred Revenue | $128M |
| Other Current Liabilities | $98M |
| TOTAL CURRENT LIABILITIES | $403M |
| Long-Term Debt | $459M |
| Deferred Revenue NC | $219M |
| Deferred Tax Liabilities | $17M |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $720M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $208M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$786M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $1.2K |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $519M |
| Net Debt | $160M |
