| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $88M | $89M | $87M | -1.4% | 1.1% |
| Op. Income | -$1M | -$21M | -$7M | 95.0% | 84.0% |
| Gross Margin | 37.8% | 36.6% | 35.5% | 1.2pp | 2.3pp |
| Net Margin | -19.4% | -45.8% | -28.6% | 26.4pp | 9.2pp |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | NaN% | NaN% |
| Free Cash Flow | $946.0K | -$100M | -$3M | 100.9% | 130.2% |
| Item | Amount |
|---|---|
| REVENUE | $88M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $28M |
| Operating Expenses | $34M |
| Cost & Expenses | $89M |
| OPERATING INCOME | -$1M |
| Interest Income | -$26.0K |
| Interest Expense | $17M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | -$17M |
| Income Tax Expense | $127.0K |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $3M |
| BOTTOM LINE NET INCOME | -$20M |
| D&A | $21M |
| EBIT | $406.0K |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $11M |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | -$19M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $154.0K |
| NET CASH FROM FINANCING | -$23M |
| FREE CASH FLOW | $946.0K |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $0 |
| Net Receivables | $23M |
| Inventory | $0 |
| Other Current Assets | $52M |
| TOTAL CURRENT ASSETS | $97M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $23M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $90M |
| Short-Term Debt | $362M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $463M |
| Long-Term Debt | $779M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $793M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | -$1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $685M |
| Minority Interest | $6M |
| TOTAL EQUITY | $690M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $1.1B |
| Net Debt | $1.1B |
