| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $69M | $69M | $72M | -0.2% | -3.7% |
| Op. Income | $28M | $23M | $25M | 23.2% | 12.8% |
| Gross Margin | 58.6% | 46.9% | 71.7% | 11.7pp | -13.2pp |
| Net Margin | -8.0% | 64.7% | 83.9% | -72.7pp | -91.9pp |
| EPS (Diluted) | $-0.42 | $3.38 | $1.02 | -112.4% | -141.2% |
| Free Cash Flow | -$31M | -$36M | -$261M | 12.2% | 88.0% |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $28M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $17M |
| EBIT | -$251.0K |
| EBITDA | $17M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $30M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $30M |
| Capital Expenditure | -$61M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$61M |
| Net Debt Issuance | $35M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $32M |
| FREE CASH FLOW | -$31M |
| Net Change in Cash | $638.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $72M |
| Inventory | $0 |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $86M |
| PP&E (Net) | $821M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $830M |
| TOTAL ASSETS | $915M |
| Account Payables | $51M |
| Short-Term Debt | $101.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $133M |
| Long-Term Debt | $259M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $274M |
| TOTAL LIABILITIES | $407M |
| Common Stock | $508M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $508M |
| Minority Interest | $0 |
| TOTAL EQUITY | $508M |
| TOTAL LIABILITIES & EQUITY | $915M |
| Total Debt | $261M |
| Net Debt | $259M |
