| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $305M | — | $281M | — | 8.7% |
| Op. Income | -$42M | — | $11M | — | -476.0% |
| Gross Margin | 17.1% | — | 18.6% | — | -1.5pp |
| Net Margin | -14.4% | — | 1.0% | — | -15.3pp |
| EPS (Diluted) | $-0.83 | — | $0.05 | — | -1743.6% |
| Free Cash Flow | $23M | — | -$5M | — | 571.6% |
| Item | Amount |
|---|---|
| REVENUE | $305M |
| Cost of Revenue | $253M |
| GROSS PROFIT | $52M |
| R&D Expenses | $0 |
| Selling & Marketing | $48M |
| General & Administrative | $0 |
| SG&A Expenses | $48M |
| Other Expenses | $46M |
| Operating Expenses | $94M |
| Cost & Expenses | $347M |
| OPERATING INCOME | -$42M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $46.0K |
| INCOME BEFORE TAX | -$42M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$44M |
| D&A | $7M |
| EBIT | -$39M |
| EBITDA | -$33M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$44M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $127.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $45M |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | $26M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$13.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$12M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$500.0K |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $0 |
| Net Receivables | $54M |
| Inventory | $98M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $178M |
| PP&E (Net) | $164M |
| Goodwill | $39M |
| Intangible Assets | $162M |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $372M |
| TOTAL ASSETS | $550M |
| Account Payables | $51M |
| Short-Term Debt | $69M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $145M |
| Long-Term Debt | $103M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $29M |
| Other Non-Current Liabilities | $728.0K |
| TOTAL NON-CURRENT LIABILITIES | $163M |
| TOTAL LIABILITIES | $309M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $604M |
| Retained Earnings | -$357M |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $239M |
| Minority Interest | $2M |
| TOTAL EQUITY | $241M |
| TOTAL LIABILITIES & EQUITY | $550M |
| Total Debt | $210M |
| Net Debt | $195M |
