| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $34M | $52M | $59M | -35.8% | -42.9% |
| Op. Income | -$15M | -$97.0K | -$47M | -14895.9% | 69.3% |
| Gross Margin | 1.1% | 26.4% | 23.2% | -25.3pp | -22.2pp |
| Net Margin | -24.6% | -4.0% | 235.9% | -20.6pp | -260.5pp |
| EPS (Diluted) | $-0.16 | $-0.04 | $2.89 | -299.0% | -105.5% |
| Free Cash Flow | -$14M | $4M | $9M | -445.7% | -262.7% |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $363.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $8M |
| Operating Expenses | $15M |
| Cost & Expenses | $48M |
| OPERATING INCOME | -$15M |
| Interest Income | $0 |
| Interest Expense | $907.0K |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $7M |
| EBIT | -$9M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$679.0K |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$237.0K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $82.0K |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$335.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1.0K |
| NET CASH FROM FINANCING | -$334.0K |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $1M |
| Net Receivables | $4M |
| Inventory | $18M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $41M |
| PP&E (Net) | $211M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $401M |
| Tax Assets | $0 |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $623M |
| TOTAL ASSETS | $665M |
| Account Payables | $28M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $48M |
| Long-Term Debt | $40M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $37M |
| Other Non-Current Liabilities | $44M |
| TOTAL NON-CURRENT LIABILITIES | $122M |
| TOTAL LIABILITIES | $170M |
| Common Stock | $1.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $495M |
| Minority Interest | $0 |
| TOTAL EQUITY | $495M |
| TOTAL LIABILITIES & EQUITY | $665M |
| Total Debt | $42M |
| Net Debt | $28M |
