| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $708M | $727M | $743M | -2.7% | -4.7% |
| Op. Income | -$100M | $15M | $40M | -769.3% | -350.4% |
| Gross Margin | 46.1% | 48.5% | 51.3% | -2.4pp | -5.3pp |
| Net Margin | -25.2% | -2.7% | 0.9% | -22.5pp | -26.1pp |
| EPS (Diluted) | $-2.28 | $-0.30 | $0.10 | -660.0% | -2380.0% |
| Free Cash Flow | $17M | $71M | $32M | -76.9% | -48.1% |
| Item | Amount |
|---|---|
| REVENUE | $708M |
| Cost of Revenue | $382M |
| GROSS PROFIT | $326M |
| R&D Expenses | $47M |
| Selling & Marketing | $6M |
| General & Administrative | $181M |
| SG&A Expenses | $188M |
| Other Expenses | $192M |
| Operating Expenses | $427M |
| Cost & Expenses | $808M |
| OPERATING INCOME | -$100M |
| Interest Income | $0 |
| Interest Expense | $45M |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | -$141M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | -$178M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$178M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$178M |
| D&A | $109M |
| EBIT | -$96M |
| EBITDA | $13M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$178M |
| Depreciation & Amortization | $109M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $140M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | $64M |
| Capital Expenditure | -$47M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | -$36M |
| Common Stock Repurchased | -$900.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$32M |
| NET CASH FROM FINANCING | -$69M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | -$46M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $98M |
| Short-Term Investments | $0 |
| Net Receivables | $451M |
| Inventory | $534M |
| Other Current Assets | $58M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $1.5B |
| Goodwill | $650M |
| Intangible Assets | $2.7B |
| Long-Term Investments | $22M |
| Tax Assets | $0 |
| Other Non-Current Assets | $249M |
| TOTAL NON-CURRENT ASSETS | $5.2B |
| TOTAL ASSETS | $6.4B |
| Account Payables | $246M |
| Short-Term Debt | $342M |
| Deferred Revenue | $34M |
| Other Current Liabilities | $97M |
| TOTAL CURRENT LIABILITIES | $999M |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $17M |
| Deferred Tax Liabilities | $77M |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $2.9B |
| Retained Earnings | $136M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$36M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $6.4B |
| Total Debt | $2.7B |
| Net Debt | $2.6B |
