| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | $10M | $7M | -1.7% | 46.7% |
| Op. Income | -$17M | -$18M | -$59M | 7.0% | 71.7% |
| Gross Margin | 5.4% | 13.8% | 9.9% | -8.4pp | -4.5pp |
| Net Margin | -360.1% | -335.2% | -954.8% | -24.9pp | 594.7pp |
| EPS (Diluted) | $-4.28 | $-4.01 | $-8.10 | -6.7% | 47.2% |
| Free Cash Flow | -$9M | -$30M | -$52M | 71.4% | 83.5% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $540.0K |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $27M |
| OPERATING INCOME | -$17M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | -$36M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$36M |
| D&A | $6M |
| EBIT | -$18M |
| EBITDA | -$12M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$36M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $27M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $9M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | $659.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $937.0K |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $7M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $19M |
| PP&E (Net) | $371M |
| Goodwill | $0 |
| Intangible Assets | $38M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $101.0K |
| TOTAL NON-CURRENT ASSETS | $409M |
| TOTAL ASSETS | $428M |
| Account Payables | $17M |
| Short-Term Debt | $20M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $51.0K |
| TOTAL CURRENT LIABILITIES | $55M |
| Long-Term Debt | $417M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $56M |
| TOTAL NON-CURRENT LIABILITIES | $473M |
| TOTAL LIABILITIES | $529M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $323M |
| Retained Earnings | -$423M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$101M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$101M |
| TOTAL LIABILITIES & EQUITY | $428M |
| Total Debt | $437M |
| Net Debt | $436M |
