| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $168M | $155M | — | 8.2% | — |
| Op. Income | -$37M | -$8M | — | -366.0% | — |
| Gross Margin | 23.2% | 50.0% | — | -26.9pp | — |
| Net Margin | -20.2% | -0.4% | — | -19.8pp | — |
| EPS (Diluted) | $-0.60 | $0.32 | — | -287.5% | — |
| Free Cash Flow | $32M | $42M | — | -23.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $168M |
| Cost of Revenue | $129M |
| GROSS PROFIT | $39M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $60M |
| Other Expenses | $3M |
| Operating Expenses | $75M |
| Cost & Expenses | $204M |
| OPERATING INCOME | -$37M |
| Interest Income | -$411.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$39M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | -$34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$34M |
| D&A | $35M |
| EBIT | -$33M |
| EBITDA | $2M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$34M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | $17M |
| Change in Working Capital | $46M |
| OPERATING CASH FLOW | $39M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | -$56M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$65M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$479.0K |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $32M |
| Net Change in Cash | -$27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $757M |
| Short-Term Investments | $0 |
| Net Receivables | $134M |
| Inventory | $143M |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $333M |
| Goodwill | $1.0B |
| Intangible Assets | $398M |
| Long-Term Investments | $0 |
| Tax Assets | $749.0K |
| Other Non-Current Assets | $868.0K |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $32M |
| Short-Term Debt | $0 |
| Deferred Revenue | $13M |
| Other Current Liabilities | $49M |
| TOTAL CURRENT LIABILITIES | $127M |
| Long-Term Debt | $526M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $23M |
| Other Non-Current Liabilities | $36M |
| TOTAL NON-CURRENT LIABILITIES | $730M |
| TOTAL LIABILITIES | $857M |
| Common Stock | $561.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $407M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$53M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $686M |
| Net Debt | -$71M |
