| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $254M | $290M | $295M | -12.6% | -14.1% |
| Op. Income | $43M | $72M | $25M | -39.9% | 75.3% |
| Gross Margin | 40.5% | 50.1% | 54.2% | -9.6pp | -13.8pp |
| Net Margin | -11.1% | 7.4% | -16.1% | -18.5pp | 5.0pp |
| EPS (Diluted) | $-3.54 | $2.66 | $-6.19 | -233.1% | 42.8% |
| Free Cash Flow | -$336M | -$34M | $251M | -900.3% | -233.7% |
| Item | Amount |
|---|---|
| REVENUE | $254M |
| Cost of Revenue | $151M |
| GROSS PROFIT | $103M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $35M |
| SG&A Expenses | $35M |
| Other Expenses | $25M |
| Operating Expenses | $59M |
| Cost & Expenses | $210M |
| OPERATING INCOME | $43M |
| Interest Income | $29M |
| Interest Expense | $0 |
| Other Income/Expenses | -$77M |
| INCOME BEFORE TAX | -$34M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | -$28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$28M |
| Net Income Deductions | $500.0K |
| BOTTOM LINE NET INCOME | -$29M |
| D&A | $2M |
| EBIT | $43M |
| EBITDA | $45M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$28M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$135M |
| Change in Working Capital | -$59M |
| OPERATING CASH FLOW | -$218M |
| Capital Expenditure | -$118M |
| Acquisitions (Net) | $13M |
| Purchases of Investments | -$320M |
| Sales/Maturities of Investments | $604M |
| Other Investing Activities | -$110M |
| NET CASH FROM INVESTING | $187M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$500.0K |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $16M |
| FREE CASH FLOW | -$336M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $185M |
| Short-Term Investments | $0 |
| Net Receivables | $12.6B |
| Inventory | $12.4B |
| Other Current Assets | -$12.3B |
| TOTAL CURRENT ASSETS | $13.5B |
| PP&E (Net) | $11M |
| Goodwill | $0 |
| Intangible Assets | $2.5B |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $478M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $16.4B |
| Account Payables | $0 |
| Short-Term Debt | $54M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $252M |
| Long-Term Debt | $14.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.0B |
| TOTAL NON-CURRENT LIABILITIES | $15.7B |
| TOTAL LIABILITIES | $15.9B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $559M |
| Retained Earnings | -$118M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $493M |
| Minority Interest | $0 |
| TOTAL EQUITY | $493M |
| TOTAL LIABILITIES & EQUITY | $16.4B |
| Total Debt | $14.7B |
| Net Debt | $14.6B |
