| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $161M | $173M | $153M | -7.2% | 5.1% |
| Op. Income | -$31M | -$21M | -$29M | -48.4% | -7.3% |
| Gross Margin | 17.4% | 20.1% | 16.2% | -2.8pp | 1.2pp |
| Net Margin | -18.0% | -12.0% | -17.9% | -6.0pp | -0.1pp |
| EPS (Diluted) | $-0.25 | $-0.18 | $-0.24 | -38.9% | -4.2% |
| Free Cash Flow | -$23M | -$12M | -$8M | -87.7% | -204.4% |
| Item | Amount |
|---|---|
| REVENUE | $161M |
| Cost of Revenue | $133M |
| GROSS PROFIT | $28M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $37M |
| SG&A Expenses | $37M |
| Other Expenses | $22M |
| Operating Expenses | $59M |
| Cost & Expenses | $192M |
| OPERATING INCOME | -$31M |
| Interest Income | $2M |
| Interest Expense | $14.0K |
| Other Income/Expenses | $829.0K |
| INCOME BEFORE TAX | -$31M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$29M |
| D&A | $18M |
| EBIT | -$31M |
| EBITDA | -$12M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$29M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$23M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $215M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $2M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $235M |
| PP&E (Net) | $554M |
| Goodwill | $36M |
| Intangible Assets | $24M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $622M |
| TOTAL ASSETS | $857M |
| Account Payables | $19M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $116M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $361.0K |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $295M |
| TOTAL LIABILITIES | $411M |
| Common Stock | $117.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$875M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $446M |
| Minority Interest | $0 |
| TOTAL EQUITY | $446M |
| TOTAL LIABILITIES & EQUITY | $857M |
| Total Debt | $331M |
| Net Debt | $116M |
