| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $63M | $101M | $62M | -37.7% | 2.3% |
| Op. Income | -$22M | $18M | -$19M | -221.1% | -16.7% |
| Gross Margin | 34.4% | 55.6% | 31.1% | -21.2pp | 3.3pp |
| Net Margin | -17.2% | 17.9% | -40.9% | -35.2pp | 23.6pp |
| EPS (Diluted) | $-0.25 | $0.41 | $-0.58 | -161.0% | 56.9% |
| Free Cash Flow | -$50M | $31M | $14M | -261.8% | -467.7% |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $27M |
| SG&A Expenses | $27M |
| Other Expenses | $17M |
| Operating Expenses | $44M |
| Cost & Expenses | $85M |
| OPERATING INCOME | -$22M |
| Interest Income | $93M |
| Interest Expense | $40M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$22M |
| Income Tax Expense | -$11M |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $3M |
| EBIT | -$22M |
| EBITDA | -$19M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$42M |
| Change in Working Capital | -$104.0K |
| OPERATING CASH FLOW | -$48M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $314M |
| Other Investing Activities | -$43M |
| NET CASH FROM INVESTING | $270M |
| Net Debt Issuance | -$403.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$155M |
| NET CASH FROM FINANCING | -$163M |
| FREE CASH FLOW | -$50M |
| Net Change in Cash | $59M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $294M |
| Short-Term Investments | $234M |
| Net Receivables | $40M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $568M |
| PP&E (Net) | $94M |
| Goodwill | $155M |
| Intangible Assets | $10M |
| Long-Term Investments | $6.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $244M |
| TOTAL NON-CURRENT ASSETS | $7.2B |
| TOTAL ASSETS | $7.8B |
| Account Payables | $11M |
| Short-Term Debt | $90M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.6B |
| TOTAL CURRENT LIABILITIES | $5.7B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $80M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $7.0B |
| Common Stock | $0 |
| Additional Paid-In Capital | $364M |
| Retained Earnings | $436M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$36M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $764M |
| Minority Interest | $0 |
| TOTAL EQUITY | $764M |
| TOTAL LIABILITIES & EQUITY | $7.8B |
| Total Debt | $1.3B |
| Net Debt | $1.1B |
