| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $107M | $102M | $127M | 4.5% | -15.9% |
| Op. Income | $13M | $14M | $25M | -8.9% | -50.2% |
| Gross Margin | 25.0% | 25.5% | 27.8% | -0.6pp | -2.8pp |
| Net Margin | -23.2% | -192.9% | -11.9% | 169.7pp | -11.3pp |
| EPS (Diluted) | $-2.40 | $-19.25 | $-1.46 | 87.5% | -64.4% |
| Free Cash Flow | $6M | -$2M | -$3M | 429.4% | 303.7% |
| Item | Amount |
|---|---|
| REVENUE | $107M |
| Cost of Revenue | $80M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $95M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | -$25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$26M |
| D&A | $26M |
| EBIT | $197.0K |
| EBITDA | $26M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | -$157M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$172M |
| Net Debt Issuance | $36M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $32M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$119M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $0 |
| Net Receivables | $77M |
| Inventory | $0 |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $118M |
| PP&E (Net) | $1.8B |
| Goodwill | $0 |
| Intangible Assets | $154M |
| Long-Term Investments | $270M |
| Tax Assets | $0 |
| Other Non-Current Assets | $32M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $25M |
| Short-Term Debt | $17M |
| Deferred Revenue | $10M |
| Other Current Liabilities | $47M |
| TOTAL CURRENT LIABILITIES | $175M |
| Long-Term Debt | $977M |
| Deferred Revenue NC | $25M |
| Deferred Tax Liabilities | $63M |
| Other Non-Current Liabilities | $154M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $181.0K |
| Additional Paid-In Capital | $541M |
| Retained Earnings | -$183M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $468M |
| Minority Interest | $497M |
| TOTAL EQUITY | $965M |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $994M |
| Net Debt | $971M |
