| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $309M | $309M | $456M | 0.0% | -32.3% |
| Op. Income | -$11M | -$11M | -$18M | 0.0% | 38.9% |
| Gross Margin | 11.1% | 11.1% | 10.8% | 0.0pp | 0.2pp |
| Net Margin | -3.0% | -3.0% | -3.3% | 0.0pp | 0.3pp |
| EPS (Diluted) | $-0.47 | $-0.47 | $-0.79 | 0.0% | 40.5% |
| Free Cash Flow | $30M | $30M | $50M | 0.0% | -39.9% |
| Item | Amount |
|---|---|
| REVENUE | $309M |
| Cost of Revenue | $275M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $38M |
| SG&A Expenses | $45M |
| Other Expenses | $0 |
| Operating Expenses | $45M |
| Cost & Expenses | $320M |
| OPERATING INCOME | -$11M |
| Interest Income | $332.5K |
| Interest Expense | $0 |
| Other Income/Expenses | -$549.0K |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $2M |
| EBIT | -$11M |
| EBITDA | -$8M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $26M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $31M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | $783.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$551.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $96M |
| Short-Term Investments | $0 |
| Net Receivables | $67M |
| Inventory | $99M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $284M |
| PP&E (Net) | $112M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $15M |
| Tax Assets | $914.0K |
| Other Non-Current Assets | -$4M |
| TOTAL NON-CURRENT ASSETS | $124M |
| TOTAL ASSETS | $407M |
| Account Payables | $148M |
| Short-Term Debt | $7M |
| Deferred Revenue | $28M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $244M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $58M |
| TOTAL LIABILITIES | $301M |
| Common Stock | $9M |
| Additional Paid-In Capital | $289M |
| Retained Earnings | -$174M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | -$15M |
| TOTAL STOCKHOLDERS' EQUITY | $106M |
| Minority Interest | $0 |
| TOTAL EQUITY | $106M |
| TOTAL LIABILITIES & EQUITY | $407M |
| Total Debt | $73M |
| Net Debt | -$23M |
