| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $171M | — | $177M | — | -3.3% |
| Op. Income | $13M | — | $15M | — | -14.0% |
| Gross Margin | 51.1% | — | 50.2% | — | 0.9pp |
| Net Margin | -1.9% | — | -0.6% | — | -1.3pp |
| EPS (Diluted) | $-0.08 | — | $-0.03 | — | -212.4% |
| Free Cash Flow | -$26M | — | -$979.0K | — | -2516.6% |
| Item | Amount |
|---|---|
| REVENUE | $171M |
| Cost of Revenue | $84M |
| GROSS PROFIT | $87M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $12M |
| Other Expenses | $62M |
| Operating Expenses | $75M |
| Cost & Expenses | $158M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $14.0K |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $13M |
| EBIT | $12M |
| EBITDA | $24M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $131.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$27M |
| OPERATING CASH FLOW | -$16M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | $28M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$199.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $28M |
| FREE CASH FLOW | -$26M |
| Net Change in Cash | $1.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $56.0K |
| Short-Term Investments | $0 |
| Net Receivables | $94M |
| Inventory | $43M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $149M |
| PP&E (Net) | $369M |
| Goodwill | $17M |
| Intangible Assets | $0 |
| Long-Term Investments | $8M |
| Tax Assets | $10M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $406M |
| TOTAL ASSETS | $555M |
| Account Payables | $62M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $95M |
| Long-Term Debt | $469M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $521M |
| TOTAL LIABILITIES | $616M |
| Common Stock | -$63M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$63M |
| Minority Interest | $2M |
| TOTAL EQUITY | -$61M |
| TOTAL LIABILITIES & EQUITY | $555M |
| Total Debt | $531M |
| Net Debt | $531M |
