| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $307M | $376M | $222M | -18.4% | 38.5% |
| Op. Income | -$1M | $33M | -$36M | -104.2% | 96.1% |
| Gross Margin | 39.7% | 49.4% | 38.3% | -9.7pp | 1.4pp |
| Net Margin | -10.1% | 2.3% | -21.6% | -12.4pp | 11.5pp |
| EPS (Diluted) | $-0.18 | $0.05 | $-0.29 | -460.0% | 37.9% |
| Free Cash Flow | $19M | $43M | -$9M | -55.5% | 315.4% |
| Item | Amount |
|---|---|
| REVENUE | $307M |
| Cost of Revenue | $185M |
| GROSS PROFIT | $122M |
| R&D Expenses | $9M |
| Selling & Marketing | $70M |
| General & Administrative | $44M |
| SG&A Expenses | $114M |
| Other Expenses | $0 |
| Operating Expenses | $123M |
| Cost & Expenses | $309M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | -$25M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | -$31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$31M |
| D&A | $6M |
| EBIT | -$1M |
| EBITDA | $5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$31M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $31M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$268.0K |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $0 |
| Net Receivables | $271M |
| Inventory | $9M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $333M |
| PP&E (Net) | $42M |
| Goodwill | $29M |
| Intangible Assets | $24M |
| Long-Term Investments | $724M |
| Tax Assets | $37M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $861M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $37M |
| Short-Term Debt | $46M |
| Deferred Revenue | $13M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $175M |
| Long-Term Debt | $637M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $37M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $703M |
| TOTAL LIABILITIES | $877M |
| Common Stock | $2M |
| Additional Paid-In Capital | $581M |
| Retained Earnings | -$270M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $317M |
| Minority Interest | $0 |
| TOTAL EQUITY | $317M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $714M |
| Net Debt | $671M |
