| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $398M | — | $432M | — | -8.0% |
| Op. Income | $26M | — | $39M | — | -31.5% |
| Gross Margin | 36.0% | — | 37.0% | — | -1.0pp |
| Net Margin | -2.5% | — | 3.8% | — | -6.3pp |
| EPS (Diluted) | $-1.07 | — | $1.78 | — | -160.0% |
| Free Cash Flow | $34M | $165M | $69M | -79.3% | -50.8% |
| Item | Amount |
|---|---|
| REVENUE | $398M |
| Cost of Revenue | $255M |
| GROSS PROFIT | $143M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $110M |
| Other Expenses | $7M |
| Operating Expenses | $117M |
| Cost & Expenses | $371M |
| OPERATING INCOME | $26M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | -$1.0K |
| EBIT | $26M |
| EBITDA | $26M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $960.0K |
| Deferred Income Tax | $11M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $35M |
| OPERATING CASH FLOW | $47M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | -$44.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $48.0K |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$145.0K |
| Common Stock Repurchased | -$29.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9.0K |
| NET CASH FROM FINANCING | -$73.0K |
| FREE CASH FLOW | $34M |
| Net Change in Cash | $34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $109M |
| Short-Term Investments | $0 |
| Net Receivables | $45M |
| Inventory | $234M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $422M |
| PP&E (Net) | $369M |
| Goodwill | $181M |
| Intangible Assets | $34M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $40M |
| TOTAL NON-CURRENT ASSETS | $628M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $68M |
| Short-Term Debt | $71M |
| Deferred Revenue | $6M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $247M |
| Long-Term Debt | $769M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $981M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $185.0K |
| Additional Paid-In Capital | $107M |
| Retained Earnings | -$284M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$177M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$177M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $1.0B |
| Net Debt | $941M |
