| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19M | $189M | $517M | -90.0% | -96.3% |
| Op. Income | -$13M | $164M | $493M | -107.7% | -102.6% |
| Gross Margin | 916.4% | 40.7% | 100.0% | 875.7pp | 816.4pp |
| Net Margin | -67.8% | 86.1% | 94.6% | -153.9pp | -162.4pp |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | NaN% | NaN% |
| Free Cash Flow | $48M | $116M | -$4M | -58.5% | 1169.7% |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | -$155M |
| GROSS PROFIT | $173M |
| R&D Expenses | $0 |
| Selling & Marketing | $16M |
| General & Administrative | $15M |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $32M |
| Cost & Expenses | $32M |
| OPERATING INCOME | -$13M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$629.0K |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | $15.0K |
| Net Income from Continuing Ops | -$13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $13M |
| EBIT | -$25M |
| EBITDA | -$185.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $902.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $64M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $41M |
| Capital Expenditure | $7M |
| Acquisitions (Net) | $24M |
| Purchases of Investments | -$64M |
| Sales/Maturities of Investments | $40M |
| Other Investing Activities | -$73M |
| NET CASH FROM INVESTING | -$66M |
| Net Debt Issuance | $408M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$357M |
| NET CASH FROM FINANCING | $52M |
| FREE CASH FLOW | $48M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $199M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $199M |
| PP&E (Net) | $84M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $33.7B |
| TOTAL NON-CURRENT ASSETS | $33.8B |
| TOTAL ASSETS | $34.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $39M |
| Other Current Liabilities | -$39M |
| TOTAL CURRENT LIABILITIES | $212M |
| Long-Term Debt | $26.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.0B |
| TOTAL NON-CURRENT LIABILITIES | $31.4B |
| TOTAL LIABILITIES | $31.4B |
| Common Stock | $969.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $27M |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $34.0B |
| Total Debt | $26.5B |
| Net Debt | $26.3B |
