| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $109M | $140M | $114M | -22.0% | -4.4% |
| Op. Income | -$24M | $14M | -$9M | -269.6% | -157.1% |
| Gross Margin | -7.3% | 19.6% | -3.0% | -26.8pp | -4.3pp |
| Net Margin | -23.2% | 6.8% | -6.8% | -30.1pp | -16.5pp |
| EPS (Diluted) | $-0.35 | $0.13 | $-0.10 | -369.2% | -250.0% |
| Free Cash Flow | -$14M | $27M | $9M | -152.3% | -259.9% |
| Item | Amount |
|---|---|
| REVENUE | $109M |
| Cost of Revenue | $117M |
| GROSS PROFIT | -$8M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $6M |
| Operating Expenses | $16M |
| Cost & Expenses | $134M |
| OPERATING INCOME | -$24M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$30M |
| Income Tax Expense | -$4M |
| 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 | -$25M |
| D&A | $17M |
| EBIT | -$22M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $24M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$31M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$156M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$64M |
| NET CASH FROM INVESTING | -$187M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | -$174M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $42M |
| Short-Term Investments | $157M |
| Net Receivables | $44M |
| Inventory | $64M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $314M |
| PP&E (Net) | $867M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $869M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $76M |
| Short-Term Debt | $13M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $124M |
| Long-Term Debt | $476M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $66M |
| Other Non-Current Liabilities | $523.0K |
| TOTAL NON-CURRENT LIABILITIES | $560M |
| TOTAL LIABILITIES | $684M |
| Common Stock | $9M |
| Additional Paid-In Capital | $503M |
| Retained Earnings | $217M |
| Treasury Stock | -$230M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $499M |
| Minority Interest | $0 |
| TOTAL EQUITY | $499M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $506M |
| Net Debt | $463M |
