| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $143M | $85M | $79M | 68.1% | 80.9% |
| Op. Income | $188M | -$122M | $74M | 254.9% | 154.0% |
| Gross Margin | 37.5% | 14.0% | 19.5% | 23.5pp | 18.1pp |
| Net Margin | 95.7% | -182.1% | 100.5% | 277.8pp | -4.8pp |
| EPS (Diluted) | $0.43 | $-0.54 | $0.34 | 179.6% | 26.5% |
| Free Cash Flow | -$853M | -$180M | -$140M | -374.2% | -507.5% |
| Item | Amount |
|---|---|
| REVENUE | $143M |
| Cost of Revenue | $89M |
| GROSS PROFIT | $53M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $81M |
| Other Expenses | -$216M |
| Operating Expenses | -$135M |
| Cost & Expenses | -$46M |
| OPERATING INCOME | $188M |
| Interest Income | $6M |
| Interest Expense | $2M |
| Other Income/Expenses | -$51M |
| INCOME BEFORE TAX | $137M |
| Income Tax Expense | $679.0K |
| Net Income from Continuing Ops | $136M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $136M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $136M |
| D&A | $82M |
| EBIT | $336M |
| EBITDA | $418M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $143M |
| Cost of Revenue | $89M |
| GROSS PROFIT | $53M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $81M |
| Other Expenses | -$216M |
| Operating Expenses | -$135M |
| Cost & Expenses | -$46M |
| OPERATING INCOME | $188M |
| Interest Income | $6M |
| Interest Expense | $2M |
| Other Income/Expenses | -$51M |
| INCOME BEFORE TAX | $137M |
| Income Tax Expense | $679.0K |
| Net Income from Continuing Ops | $136M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $136M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $136M |
| D&A | $82M |
| EBIT | $336M |
| EBITDA | $418M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $136M |
| Depreciation & Amortization | $82M |
| Stock-Based Compensation | $31M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$365M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | -$98M |
| Capital Expenditure | -$754M |
| Acquisitions (Net) | -$37M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$577M |
| NET CASH FROM INVESTING | -$783M |
| Net Debt Issuance | $593M |
| Common Stock Repurchased | -$84.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$20M |
| NET CASH FROM FINANCING | $804M |
| FREE CASH FLOW | -$853M |
| Net Change in Cash | -$77M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $278M |
| Short-Term Investments | $134M |
| Net Receivables | $34M |
| Inventory | $0 |
| Other Current Assets | $154M |
| TOTAL CURRENT ASSETS | $599M |
| PP&E (Net) | $1.4B |
| Goodwill | $122M |
| Intangible Assets | $34M |
| Long-Term Investments | $1.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $159M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $3.9B |
| Account Payables | $18M |
| Short-Term Debt | $314.0K |
| Deferred Revenue | $13M |
| Other Current Liabilities | $71M |
| TOTAL CURRENT LIABILITIES | $160M |
| Long-Term Debt | $584M |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $631M |
| TOTAL LIABILITIES | $792M |
| Common Stock | $3.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$690M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $222.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $3.9B |
| Total Debt | $613M |
| Net Debt | $335M |
