| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $313M | $256M | $248M | 22.5% | 26.3% |
| Op. Income | -$23M | -$111M | -$121M | 79.8% | 81.4% |
| Gross Margin | 35.8% | 26.2% | 36.5% | 9.6pp | -0.6pp |
| Net Margin | -13.8% | -49.2% | -75.3% | 35.4pp | 61.5pp |
| EPS (Diluted) | $-0.55 | $-1.63 | $-2.02 | 66.2% | 72.8% |
| Free Cash Flow | $30M | -$35M | $41M | 184.5% | -28.2% |
| Item | Amount |
|---|---|
| REVENUE | $313M |
| Cost of Revenue | $201M |
| GROSS PROFIT | $112M |
| R&D Expenses | $536.9K |
| Selling & Marketing | $35M |
| General & Administrative | $65M |
| SG&A Expenses | $100M |
| Other Expenses | $34M |
| Operating Expenses | $135M |
| Cost & Expenses | $336M |
| OPERATING INCOME | -$23M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | -$59M |
| Income Tax Expense | -$38M |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$43M |
| D&A | $43M |
| EBIT | -$28M |
| EBITDA | $15M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$43M |
| Depreciation & Amortization | $43M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$42M |
| Other Non-Cash Items | $57M |
| Change in Working Capital | $27M |
| OPERATING CASH FLOW | $42M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $11M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $62M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $60M |
| Net Debt Issuance | -$735.9K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$133.1K |
| NET CASH FROM FINANCING | $11M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | $112M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $311M |
| Short-Term Investments | $44M |
| Net Receivables | $139M |
| Inventory | $343M |
| Other Current Assets | $86M |
| TOTAL CURRENT ASSETS | $923M |
| PP&E (Net) | $783M |
| Goodwill | $2.7B |
| Intangible Assets | $1.2B |
| Long-Term Investments | $54M |
| Tax Assets | $155M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $5.0B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $144M |
| Short-Term Debt | $53M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $197M |
| TOTAL CURRENT LIABILITIES | $408M |
| Long-Term Debt | $392M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $333M |
| Other Non-Current Liabilities | $122.6K |
| TOTAL NON-CURRENT LIABILITIES | $808M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $113.1K |
| Additional Paid-In Capital | $8.4B |
| Retained Earnings | -$3.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$59M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.7B |
| Minority Interest | $370.6K |
| TOTAL EQUITY | $4.7B |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $528M |
| Net Debt | $217M |
