| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $201M | $208M | $185M | -3.3% | 8.5% |
| Op. Income | -$107M | $9M | $5M | -1297.8% | -2372.3% |
| Gross Margin | 31.1% | 31.6% | 26.8% | -0.6pp | 4.2pp |
| Net Margin | -51.5% | -7.1% | -9.1% | -44.4pp | -42.4pp |
| EPS (Diluted) | $-8.41 | $-1.20 | $-1.65 | -600.8% | -409.7% |
| Free Cash Flow | $36M | $24M | $9M | 48.7% | 309.7% |
| Item | Amount |
|---|---|
| REVENUE | $201M |
| Cost of Revenue | $139M |
| GROSS PROFIT | $62M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $55M |
| Other Expenses | $115M |
| Operating Expenses | $169M |
| Cost & Expenses | $308M |
| OPERATING INCOME | -$107M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$400.0K |
| INCOME BEFORE TAX | -$107M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$104M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$104M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$104M |
| D&A | $12M |
| EBIT | -$101M |
| EBITDA | -$89M |
| EPS | -$8 |
| EPS Diluted | -$8 |
| Item | Amount |
|---|---|
| Net Income | -$104M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$14M |
| Other Non-Cash Items | $115M |
| Change in Working Capital | $27M |
| OPERATING CASH FLOW | $39M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $21M |
| NET CASH FROM INVESTING | $18M |
| Net Debt Issuance | -$39M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$44M |
| FREE CASH FLOW | $36M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45M |
| Short-Term Investments | $0 |
| Net Receivables | $154M |
| Inventory | $265M |
| Other Current Assets | $32M |
| TOTAL CURRENT ASSETS | $496M |
| PP&E (Net) | $134M |
| Goodwill | $62M |
| Intangible Assets | $109M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $320M |
| TOTAL ASSETS | $816M |
| Account Payables | $110M |
| Short-Term Debt | $13M |
| Deferred Revenue | $13M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $202M |
| Long-Term Debt | $185M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $24M |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $294M |
| TOTAL LIABILITIES | $496M |
| Common Stock | $130.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$835M |
| Treasury Stock | -$142M |
| Accum. Other Comp. Income | -$123M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $320M |
| Minority Interest | $0 |
| TOTAL EQUITY | $320M |
| TOTAL LIABILITIES & EQUITY | $816M |
| Total Debt | $273M |
| Net Debt | $228M |
