| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $415M | $1.2B | $375M | -65.5% | 10.7% |
| Op. Income | -$216M | $200M | -$416M | -208.0% | 48.1% |
| Gross Margin | -7.1% | 29.5% | -15.2% | -36.6pp | 8.1pp |
| Net Margin | -58.8% | 11.0% | -125.1% | -69.8pp | 66.2pp |
| EPS (Diluted) | $-4.29 | $2.28 | $-8.33 | -288.2% | 48.5% |
| Free Cash Flow | $102M | $575M | $516M | -82.3% | -80.3% |
| Item | Amount |
|---|---|
| REVENUE | $415M |
| Cost of Revenue | $444M |
| GROSS PROFIT | -$30M |
| R&D Expenses | $9M |
| Selling & Marketing | $15M |
| General & Administrative | $89M |
| SG&A Expenses | $105M |
| Other Expenses | $73M |
| Operating Expenses | $187M |
| Cost & Expenses | $631M |
| OPERATING INCOME | -$216M |
| Interest Income | -$100.0K |
| Interest Expense | $33M |
| Other Income/Expenses | -$96M |
| INCOME BEFORE TAX | -$312M |
| Income Tax Expense | -$68M |
| Net Income from Continuing Ops | -$244M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$244M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$244M |
| D&A | $20M |
| EBIT | -$279M |
| EBITDA | -$259M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$244M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$53M |
| Other Non-Cash Items | $140M |
| Change in Working Capital | $241M |
| OPERATING CASH FLOW | $119M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$263M |
| Common Stock Repurchased | -$100.0K |
| Common Dividends Paid | -$38M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$307M |
| FREE CASH FLOW | $102M |
| Net Change in Cash | -$208M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $72M |
| Short-Term Investments | $0 |
| Net Receivables | $177M |
| Inventory | $588M |
| Other Current Assets | $145M |
| TOTAL CURRENT ASSETS | $980M |
| PP&E (Net) | $875M |
| Goodwill | $244M |
| Intangible Assets | $419M |
| Long-Term Investments | $91M |
| Tax Assets | $0 |
| Other Non-Current Assets | $263M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $255M |
| Short-Term Debt | $53M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $118M |
| TOTAL CURRENT LIABILITIES | $750M |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $115M |
| TOTAL NON-CURRENT LIABILITIES | $2.5B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $362M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $304M |
| Treasury Stock | -$949M |
| Accum. Other Comp. Income | -$107M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$391M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$391M |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $2.5B |
| Net Debt | $2.4B |
