| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $66M | — | $80M | — | -17.3% |
| Op. Income | $12M | — | $35M | — | -66.9% |
| Gross Margin | 36.3% | — | 53.4% | — | -17.1pp |
| Net Margin | 5.1% | — | -41.2% | — | 46.3pp |
| EPS (Diluted) | $0.03 | — | $-0.31 | — | 110.2% |
| Free Cash Flow | -$43M | — | -$111M | — | 61.3% |
| Item | Amount |
|---|---|
| REVENUE | $66M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $24M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $12M |
| Interest Income | $10M |
| Interest Expense | $396.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | -$504.0K |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $14M |
| EBIT | $20M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $66M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $24M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $12M |
| Interest Income | $10M |
| Interest Expense | $396.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | -$504.0K |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $14M |
| EBIT | $20M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $42M |
| Change in Working Capital | $103M |
| OPERATING CASH FLOW | $163M |
| Capital Expenditure | -$206M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$212M |
| Net Debt Issuance | $27M |
| Common Stock Repurchased | $283.3K |
| Common Dividends Paid | -$26M |
| Other Financing Activities | -$59M |
| NET CASH FROM FINANCING | -$59M |
| FREE CASH FLOW | -$43M |
| Net Change in Cash | -$108M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $566M |
| Short-Term Investments | $0 |
| Net Receivables | $92M |
| Inventory | $2M |
| Other Current Assets | $76M |
| TOTAL CURRENT ASSETS | $740M |
| PP&E (Net) | $3.3B |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $44M |
| Tax Assets | -$7M |
| Other Non-Current Assets | $241M |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $4.4B |
| Account Payables | $199M |
| Short-Term Debt | $521M |
| Deferred Revenue | $42M |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $842M |
| Long-Term Debt | $931M |
| Deferred Revenue NC | $9M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $212M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $105M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $10M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $355M |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $4.4B |
| Total Debt | $1.5B |
| Net Debt | $893M |
