| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | — | $105M | — | -86.9% |
| Op. Income | -$92M | — | -$4M | — | -2205.2% |
| Gross Margin | -405.5% | — | 36.2% | — | -441.7pp |
| Net Margin | -897.6% | — | -3.3% | — | -894.3pp |
| EPS (Diluted) | $-6539.77 | — | $-181.78 | — | -3497.6% |
| Free Cash Flow | $7M | — | $8M | — | -15.7% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $69M |
| GROSS PROFIT | -$56M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $31M |
| SG&A Expenses | $31M |
| Other Expenses | $6M |
| Operating Expenses | $37M |
| Cost & Expenses | $106M |
| OPERATING INCOME | -$92M |
| Interest Income | $99M |
| Interest Expense | $69M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$92M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | -$123M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$123M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$123M |
| D&A | $3M |
| EBIT | -$92M |
| EBITDA | -$89M |
| EPS | -$6.5K |
| EPS Diluted | -$6.5K |
| Item | Amount |
|---|---|
| Net Income | -$123M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $540.0K |
| Deferred Income Tax | $32M |
| Other Non-Cash Items | $102M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | $6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $73M |
| Other Investing Activities | $1.0B |
| NET CASH FROM INVESTING | $1.1B |
| Net Debt Issuance | -$896M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$23M |
| NET CASH FROM FINANCING | -$919M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $201M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $407M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $407M |
| PP&E (Net) | $47M |
| Goodwill | $7M |
| Intangible Assets | $99M |
| Long-Term Investments | $7.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $254M |
| TOTAL NON-CURRENT ASSETS | $7.7B |
| TOTAL ASSETS | $8.1B |
| Account Payables | $0 |
| Short-Term Debt | $1.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.4B |
| TOTAL CURRENT LIABILITIES | $7.4B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$911M |
| TOTAL NON-CURRENT LIABILITIES | $314M |
| TOTAL LIABILITIES | $7.7B |
| Common Stock | $233M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $251M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$87M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $397M |
| Minority Interest | $0 |
| TOTAL EQUITY | $397M |
| TOTAL LIABILITIES & EQUITY | $8.1B |
| Total Debt | $2.2B |
| Net Debt | $1.8B |
