| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | — | $1.8B | — | -28.5% |
| Op. Income | $80M | — | $55M | — | 44.6% |
| Gross Margin | 28.3% | — | 23.4% | — | 5.0pp |
| Net Margin | 10.2% | — | 3.5% | — | 6.7pp |
| EPS (Diluted) | $0.29 | — | $0.21 | — | 38.1% |
| Free Cash Flow | $159M | — | -$19M | — | 949.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $919M |
| GROSS PROFIT | $363M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $283M |
| Other Expenses | $1M |
| Operating Expenses | $284M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $80M |
| Interest Income | $55M |
| Interest Expense | $0 |
| Other Income/Expenses | $55M |
| INCOME BEFORE TAX | $135M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $131M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $131M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $131M |
| D&A | $6M |
| EBIT | $81M |
| EBITDA | $87M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $919M |
| GROSS PROFIT | $363M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $283M |
| Other Expenses | $1M |
| Operating Expenses | $284M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $80M |
| Interest Income | $55M |
| Interest Expense | $0 |
| Other Income/Expenses | $55M |
| INCOME BEFORE TAX | $135M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $131M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $131M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $131M |
| D&A | $6M |
| EBIT | $81M |
| EBITDA | $87M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $131M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $162M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $7M |
| Purchases of Investments | -$32M |
| Sales/Maturities of Investments | $43M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | $17M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $159M |
| Net Change in Cash | $173M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.8B |
| Short-Term Investments | $18M |
| Net Receivables | $61M |
| Inventory | $480M |
| Other Current Assets | $39M |
| TOTAL CURRENT ASSETS | $5.4B |
| PP&E (Net) | $442M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $18M |
| Other Non-Current Assets | $60M |
| TOTAL NON-CURRENT ASSETS | $520M |
| TOTAL ASSETS | $5.9B |
| Account Payables | $149M |
| Short-Term Debt | $10M |
| Deferred Revenue | $109M |
| Other Current Liabilities | $178M |
| TOTAL CURRENT LIABILITIES | $665M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $280M |
| TOTAL LIABILITIES | $946M |
| Common Stock | $200.0K |
| Additional Paid-In Capital | $5.1B |
| Retained Earnings | -$82M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$94M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.9B |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $411M |
| Net Debt | -$4.3B |
