| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $241M | $209M | $155M | 15.4% | 55.7% |
| Op. Income | $15M | $19M | $1M | -21.0% | 1043.1% |
| Gross Margin | 20.3% | 22.7% | 22.5% | -2.4pp | -2.2pp |
| Net Margin | 7.2% | 10.4% | 6.6% | -3.2pp | 0.7pp |
| EPS (Diluted) | $0.14 | $0.18 | $0.08 | -22.2% | 68.7% |
| Free Cash Flow | $230M | $164M | -$67M | 40.3% | 444.8% |
| Item | Amount |
|---|---|
| REVENUE | $241M |
| Cost of Revenue | $192M |
| GROSS PROFIT | $49M |
| R&D Expenses | $17M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $34M |
| Cost & Expenses | $226M |
| OPERATING INCOME | $15M |
| Interest Income | $2M |
| Interest Expense | $7M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $17M |
| EBIT | $15M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $241M |
| Cost of Revenue | $192M |
| GROSS PROFIT | $49M |
| R&D Expenses | $17M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $34M |
| Cost & Expenses | $226M |
| OPERATING INCOME | $15M |
| Interest Income | $2M |
| Interest Expense | $7M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $17M |
| EBIT | $15M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $225M |
| OPERATING CASH FLOW | $266M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$47M |
| Net Debt Issuance | -$205M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$200M |
| FREE CASH FLOW | $230M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $116M |
| Short-Term Investments | $0 |
| Net Receivables | $264M |
| Inventory | $6M |
| Other Current Assets | $50M |
| TOTAL CURRENT ASSETS | $435M |
| PP&E (Net) | $425M |
| Goodwill | $306M |
| Intangible Assets | $403M |
| Long-Term Investments | $0 |
| Tax Assets | $7M |
| Other Non-Current Assets | $228M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $173M |
| Short-Term Debt | $11M |
| Deferred Revenue | $529M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $758M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $129M |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $230M |
| TOTAL LIABILITIES | $988M |
| Common Stock | $678M |
| Additional Paid-In Capital | $26M |
| Retained Earnings | $96M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $817M |
| Minority Interest | $0 |
| TOTAL EQUITY | $817M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $95M |
| Net Debt | -$21M |
