| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $214M | $209M | — | 2.4% | — |
| Op. Income | -$90M | -$28M | — | -222.4% | — |
| Gross Margin | 28.8% | 29.8% | — | -1.1pp | — |
| Net Margin | -42.6% | -16.6% | — | -25.9pp | — |
| EPS (Diluted) | $-3.05 | $-1.16 | — | -162.9% | — |
| Free Cash Flow | -$23M | -$27M | — | 15.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $214M |
| Cost of Revenue | $153M |
| GROSS PROFIT | $62M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $82M |
| Other Expenses | $66M |
| Operating Expenses | $151M |
| Cost & Expenses | $304M |
| OPERATING INCOME | -$90M |
| Interest Income | $2M |
| Interest Expense | $16M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$91M |
| Income Tax Expense | $505.0K |
| Net Income from Continuing Ops | -$91M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$91M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$91M |
| D&A | $12M |
| EBIT | -$40M |
| EBITDA | -$28M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$91M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $505.0K |
| Other Non-Cash Items | $65M |
| Change in Working Capital | $724.6K |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$663.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$23M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $99M |
| Short-Term Investments | $0 |
| Net Receivables | $124M |
| Inventory | $66M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $299M |
| PP&E (Net) | $340M |
| Goodwill | $107M |
| Intangible Assets | $9M |
| Long-Term Investments | $30M |
| Tax Assets | $5M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $505M |
| TOTAL ASSETS | $804M |
| Account Payables | $60M |
| Short-Term Debt | $330M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $535M |
| Long-Term Debt | $116M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $163M |
| TOTAL LIABILITIES | $698M |
| Common Stock | $106.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$274M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $105M |
| Minority Interest | $1M |
| TOTAL EQUITY | $106M |
| TOTAL LIABILITIES & EQUITY | $804M |
| Total Debt | $491M |
| Net Debt | $393M |
