| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $308M | $444M | — | -30.7% | — |
| Op. Income | $3M | $31M | — | -91.7% | — |
| Gross Margin | 6.7% | 12.2% | — | -5.4pp | — |
| Net Margin | -0.7% | 4.0% | — | -4.7pp | — |
| EPS (Diluted) | $-0.32 | $2.45 | — | -113.0% | — |
| Free Cash Flow | $40M | -$107M | — | 137.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $308M |
| Cost of Revenue | $287M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $17M |
| Other Expenses | $822.0K |
| Operating Expenses | $18M |
| Cost & Expenses | $305M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$791.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $5M |
| EBIT | $9M |
| EBITDA | $14M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $39.0K |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | $34M |
| OPERATING CASH FLOW | $45M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$19M |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | -$18M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | $40M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $80M |
| Inventory | $873M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $967M |
| PP&E (Net) | $345M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $72M |
| TOTAL NON-CURRENT ASSETS | $417M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $40M |
| Short-Term Debt | $39M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $151M |
| Long-Term Debt | $586M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $24M |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $650M |
| TOTAL LIABILITIES | $801M |
| Common Stock | $3M |
| Additional Paid-In Capital | $100M |
| Retained Earnings | $705M |
| Treasury Stock | -$200M |
| Accum. Other Comp. Income | -$25M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $583M |
| Minority Interest | $0 |
| TOTAL EQUITY | $583M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $651M |
| Net Debt | $646M |
