| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $138M | $139M | — | -1.0% | — |
| Op. Income | -$228M | -$20M | — | -1047.7% | — |
| Gross Margin | 72.0% | 73.8% | — | -1.8pp | — |
| Net Margin | -178.4% | -20.0% | — | -158.4pp | — |
| EPS (Diluted) | $-30.38 | $-3.45 | — | -780.6% | — |
| Free Cash Flow | $5M | -$13M | — | 141.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $138M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $99M |
| R&D Expenses | $17M |
| Selling & Marketing | $6M |
| General & Administrative | $54M |
| SG&A Expenses | $60M |
| Other Expenses | $250M |
| Operating Expenses | $327M |
| Cost & Expenses | $366M |
| OPERATING INCOME | -$228M |
| Interest Income | $981.0K |
| Interest Expense | $17M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | -$253M |
| Income Tax Expense | -$8M |
| Net Income from Continuing Ops | -$245M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$245M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$245M |
| D&A | $37M |
| EBIT | -$236M |
| EBITDA | -$199M |
| EPS | -$30 |
| EPS Diluted | -$30 |
| Item | Amount |
|---|---|
| Net Income | -$245M |
| Depreciation & Amortization | $36M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $365M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | -$208.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$208.0K |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $136M |
| Short-Term Investments | $0 |
| Net Receivables | $188M |
| Inventory | $0 |
| Other Current Assets | $35M |
| TOTAL CURRENT ASSETS | $385M |
| PP&E (Net) | $15M |
| Goodwill | $317M |
| Intangible Assets | $539M |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $888M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $15M |
| Short-Term Debt | $51M |
| Deferred Revenue | $283M |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $413M |
| Long-Term Debt | $577M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $52M |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $655M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$1.3B |
| Treasury Stock | -$11M |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $206M |
| Minority Interest | $0 |
| TOTAL EQUITY | $206M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $641M |
| Net Debt | $505M |
