| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.4B | — | $3.2B | — | 7.2% |
| Op. Income | $511M | — | -$112M | — | 555.5% |
| Gross Margin | 15.1% | — | -3.2% | — | 18.3pp |
| Net Margin | 0.3% | — | -85.1% | — | 85.4pp |
| EPS (Diluted) | $0.01 | — | $-3.85 | — | 100.4% |
| Free Cash Flow | -$246M | — | -$460M | — | 46.5% |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $2.9B |
| GROSS PROFIT | $518M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $511M |
| Interest Income | $0 |
| Interest Expense | $74M |
| Other Income/Expenses | -$405M |
| INCOME BEFORE TAX | $106M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $86M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $281M |
| EBIT | -$558M |
| EBITDA | -$276M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $2.9B |
| GROSS PROFIT | $518M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $511M |
| Interest Income | $0 |
| Interest Expense | $74M |
| Other Income/Expenses | -$405M |
| INCOME BEFORE TAX | $106M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $86M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $281M |
| EBIT | -$558M |
| EBITDA | -$276M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $281M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$189M |
| Change in Working Capital | $273M |
| OPERATING CASH FLOW | $383M |
| Capital Expenditure | -$629M |
| Acquisitions (Net) | $4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $12M |
| NET CASH FROM INVESTING | -$613M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $261M |
| NET CASH FROM FINANCING | $255M |
| FREE CASH FLOW | -$246M |
| Net Change in Cash | -$939M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $969M |
| Short-Term Investments | $0 |
| Net Receivables | $345M |
| Inventory | $1.5B |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $4.0B |
| Goodwill | $47M |
| Intangible Assets | $77M |
| Long-Term Investments | $654M |
| Tax Assets | $0 |
| Other Non-Current Assets | $581M |
| TOTAL NON-CURRENT ASSETS | $5.4B |
| TOTAL ASSETS | $8.3B |
| Account Payables | $240M |
| Short-Term Debt | $33M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $266M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.7B |
| TOTAL NON-CURRENT LIABILITIES | $4.2B |
| TOTAL LIABILITIES | $5.4B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$834M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $260M |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $8.3B |
| Total Debt | $2.5B |
| Net Debt | $1.6B |
