| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $1.1B | $1.9B | 82.9% | 4.4% |
| Op. Income | $101M | -$33M | -$27M | 407.0% | 469.7% |
| Gross Margin | 69.4% | 68.2% | 68.4% | 1.2pp | 1.0pp |
| Net Margin | -74.1% | 25.3% | 35.5% | -99.4pp | -109.7pp |
| EPS (Diluted) | $-3.95 | $0.84 | $1.57 | -570.2% | -351.6% |
| Free Cash Flow | $102M | $361M | -$700.0K | -71.6% | 14728.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $592M |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $423M |
| SG&A Expenses | $423M |
| Other Expenses | $820M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $101M |
| Interest Income | $57M |
| Interest Expense | $251M |
| Other Income/Expenses | -$1.5B |
| INCOME BEFORE TAX | -$1.4B |
| Income Tax Expense | $900.0K |
| Net Income from Continuing Ops | -$1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.4B |
| D&A | $1.0B |
| EBIT | -$1.2B |
| EBITDA | -$152M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$1.4B |
| Depreciation & Amortization | $518M |
| Stock-Based Compensation | $53M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.3B |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $450M |
| Capital Expenditure | -$347M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $377M |
| NET CASH FROM INVESTING | $24M |
| Net Debt Issuance | -$46M |
| Common Stock Repurchased | -$171M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $40M |
| NET CASH FROM FINANCING | -$177M |
| FREE CASH FLOW | $102M |
| Net Change in Cash | $345M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $906M |
| Net Receivables | $931M |
| Inventory | $0 |
| Other Current Assets | $1.0B |
| TOTAL CURRENT ASSETS | $5.2B |
| PP&E (Net) | $9.8B |
| Goodwill | $10.3B |
| Intangible Assets | $1.8B |
| Long-Term Investments | $13.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $785M |
| TOTAL NON-CURRENT ASSETS | $36.6B |
| TOTAL ASSETS | $41.8B |
| Account Payables | $561M |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $605M |
| TOTAL CURRENT LIABILITIES | $4.4B |
| Long-Term Debt | $14.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.9B |
| TOTAL NON-CURRENT LIABILITIES | $18.8B |
| TOTAL LIABILITIES | $23.1B |
| Common Stock | $4M |
| Additional Paid-In Capital | $926M |
| Retained Earnings | $14.9B |
| Treasury Stock | -$100.0K |
| Accum. Other Comp. Income | $2.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18.7B |
| Minority Interest | -$8M |
| TOTAL EQUITY | $18.7B |
| TOTAL LIABILITIES & EQUITY | $41.8B |
| Total Debt | $18.5B |
| Net Debt | $16.2B |
