| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $149M | — | $125M | — | 18.5% |
| Op. Income | -$8M | — | -$14M | — | 45.3% |
| Gross Margin | 45.3% | — | 38.5% | — | 6.8pp |
| Net Margin | -16.9% | — | -21.9% | — | 5.0pp |
| EPS (Diluted) | $-0.48 | — | $-0.53 | — | 9.4% |
| Free Cash Flow | -$8M | — | -$17M | — | 52.1% |
| Item | Amount |
|---|---|
| REVENUE | $149M |
| Cost of Revenue | $81M |
| GROSS PROFIT | $67M |
| R&D Expenses | $0 |
| Selling & Marketing | $21M |
| General & Administrative | $39M |
| SG&A Expenses | $60M |
| Other Expenses | $15M |
| Operating Expenses | $75M |
| Cost & Expenses | $156M |
| OPERATING INCOME | -$8M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | -$25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$26M |
| D&A | $15M |
| EBIT | -$8M |
| EBITDA | $7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$795.0K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $182.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $29.0K |
| Common Stock Repurchased | -$737.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.0K |
| NET CASH FROM FINANCING | -$709.0K |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $184M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $66M |
| TOTAL CURRENT ASSETS | $278M |
| PP&E (Net) | $518M |
| Goodwill | $59M |
| Intangible Assets | $16M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $598M |
| TOTAL ASSETS | $877M |
| Account Payables | $14M |
| Short-Term Debt | $29.0K |
| Deferred Revenue | $319M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $392M |
| Long-Term Debt | $625M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $630M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $109M |
| Retained Earnings | -$363M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $288.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$175M |
| Minority Interest | $29M |
| TOTAL EQUITY | -$146M |
| TOTAL LIABILITIES & EQUITY | $877M |
| Total Debt | $627M |
| Net Debt | $443M |
