| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $33M | $148M | $132M | -78.0% | -75.2% |
| Op. Income | -$117M | $3M | $2M | -4490.7% | -7503.0% |
| Gross Margin | -232.0% | 28.4% | 31.2% | -260.5pp | -263.2pp |
| Net Margin | -251.9% | 2.1% | 1.7% | -254.0pp | -253.6pp |
| EPS (Diluted) | $-1.23 | $0.05 | $0.04 | -2352.7% | -3175.0% |
| Free Cash Flow | $13M | -$9M | $12M | 242.9% | 10.1% |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $108M |
| GROSS PROFIT | -$76M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $21M |
| Operating Expenses | $41M |
| Cost & Expenses | $150M |
| OPERATING INCOME | -$117M |
| Interest Income | $157M |
| Interest Expense | $108M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$117M |
| Income Tax Expense | -$35M |
| Net Income from Continuing Ops | -$82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$82M |
| D&A | $2M |
| EBIT | -$117M |
| EBITDA | -$115M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$82M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | -$212.0K |
| Deferred Income Tax | -$35M |
| Other Non-Cash Items | $117M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$826.0K |
| Acquisitions (Net) | $36.0K |
| Purchases of Investments | -$207M |
| Sales/Maturities of Investments | $48M |
| Other Investing Activities | $92M |
| NET CASH FROM INVESTING | -$67M |
| Net Debt Issuance | -$347M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $1.0K |
| Other Financing Activities | -$130M |
| NET CASH FROM FINANCING | -$262M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | -$315M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $1.3B |
| Net Receivables | $54M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $37M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $10.6B |
| Tax Assets | $65M |
| Other Non-Current Assets | $222M |
| TOTAL NON-CURRENT ASSETS | $10.9B |
| TOTAL ASSETS | $13.4B |
| Account Payables | $0 |
| Short-Term Debt | $292M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.0B |
| TOTAL CURRENT LIABILITIES | $10.3B |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $137M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $12.3B |
| Common Stock | $68.0K |
| Additional Paid-In Capital | $806M |
| Retained Earnings | $139M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $13.4B |
| Total Debt | $1.9B |
| Net Debt | $758M |
