| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $361M | $357M | $424M | 1.1% | -14.9% |
| Op. Income | -$180M | -$533.0K | $45M | -33688.4% | -503.0% |
| Gross Margin | 10.8% | 8.6% | 20.3% | 2.2pp | -9.5pp |
| Net Margin | -38.0% | -1.0% | 8.2% | -37.0pp | -46.2pp |
| EPS (Diluted) | $-1.32 | $-0.03 | $0.31 | -3737.2% | -525.8% |
| Free Cash Flow | -$6M | $68M | $21M | -108.8% | -128.3% |
| Item | Amount |
|---|---|
| REVENUE | $361M |
| Cost of Revenue | $322M |
| GROSS PROFIT | $39M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $28M |
| SG&A Expenses | $28M |
| Other Expenses | $191M |
| Operating Expenses | $219M |
| Cost & Expenses | $541M |
| OPERATING INCOME | -$180M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$178M |
| Income Tax Expense | -$41M |
| Net Income from Continuing Ops | -$137M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$137M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$137M |
| D&A | $54M |
| EBIT | -$176M |
| EBITDA | -$122M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$137M |
| Depreciation & Amortization | $54M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$40M |
| Other Non-Cash Items | $189M |
| Change in Working Capital | -$37M |
| OPERATING CASH FLOW | $35M |
| Capital Expenditure | -$41M |
| Acquisitions (Net) | $17M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | -$40M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$551.0K |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $47M |
| Short-Term Investments | $7M |
| Net Receivables | $226M |
| Inventory | $17M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $307M |
| PP&E (Net) | $879M |
| Goodwill | $27M |
| Intangible Assets | $65M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $973M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $129M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $255M |
| Long-Term Debt | $45M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $64M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $192M |
| TOTAL LIABILITIES | $447M |
| Common Stock | $103.0K |
| Additional Paid-In Capital | $885M |
| Retained Earnings | -$52M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $833M |
| Minority Interest | $0 |
| TOTAL EQUITY | $833M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $172M |
| Net Debt | $125M |
