| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $118M | -$566M | — | 120.9% | — |
| Op. Income | -$70M | -$217M | — | 67.8% | — |
| Gross Margin | 28.4% | 44.0% | — | -15.6pp | — |
| Net Margin | 56.3% | -94.9% | — | 151.2pp | — |
| EPS (Diluted) | $1.89 | $15.24 | — | -87.6% | — |
| Free Cash Flow | -$285M | -$190M | — | -49.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $118M |
| Cost of Revenue | $84M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $87M |
| Other Expenses | $16M |
| Operating Expenses | $103M |
| Cost & Expenses | $188M |
| OPERATING INCOME | -$70M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $47M |
| INCOME BEFORE TAX | -$23M |
| Income Tax Expense | -$90M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | -$647.0K |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $14M |
| EBIT | -$23M |
| EBITDA | -$9M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $66M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$92M |
| Other Non-Cash Items | $21M |
| Change in Working Capital | -$109M |
| OPERATING CASH FLOW | -$95M |
| Capital Expenditure | -$190M |
| Acquisitions (Net) | $257M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $66M |
| Net Debt Issuance | $65M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | $51M |
| FREE CASH FLOW | -$285M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $434M |
| Short-Term Investments | $0 |
| Net Receivables | $184M |
| Inventory | $2M |
| Other Current Assets | $35M |
| TOTAL CURRENT ASSETS | $674M |
| PP&E (Net) | $3.6B |
| Goodwill | $457M |
| Intangible Assets | $17M |
| Long-Term Investments | $51M |
| Tax Assets | $0 |
| Other Non-Current Assets | $105M |
| TOTAL NON-CURRENT ASSETS | $4.2B |
| TOTAL ASSETS | $4.9B |
| Account Payables | $19M |
| Short-Term Debt | $103M |
| Deferred Revenue | $71M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $643M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $286M |
| Other Non-Current Liabilities | $90M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $351.0K |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $278M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $4.9B |
| Total Debt | $1.3B |
| Net Debt | $893M |
