| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $100M | — | $82M | — | 21.8% |
| Op. Income | -$14M | — | -$14M | — | 0.5% |
| Gross Margin | 14.4% | — | 19.5% | — | -5.1pp |
| Net Margin | -16.1% | — | -21.2% | — | 5.1pp |
| EPS (Diluted) | $-0.18 | — | $-0.19 | — | 5.3% |
| Free Cash Flow | $1M | — | -$9M | — | 113.2% |
| Item | Amount |
|---|---|
| REVENUE | $100M |
| Cost of Revenue | $86M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $28M |
| Operating Expenses | $28M |
| Cost & Expenses | $114M |
| OPERATING INCOME | -$14M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $2M |
| EBIT | -$14M |
| EBITDA | -$12M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$16M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $819.0K |
| Capital Expenditure | $402.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $10M |
| Net Debt Issuance | -$11.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$232.0K |
| NET CASH FROM FINANCING | -$243.0K |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $47M |
| Short-Term Investments | $0 |
| Net Receivables | $55M |
| Inventory | $10M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $116M |
| PP&E (Net) | $39M |
| Goodwill | $7M |
| Intangible Assets | $16M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $588.0K |
| TOTAL NON-CURRENT ASSETS | $63M |
| TOTAL ASSETS | $179M |
| Account Payables | $25M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $47M |
| Long-Term Debt | $92M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $32.0K |
| Other Non-Current Liabilities | $711.0K |
| TOTAL NON-CURRENT LIABILITIES | $117M |
| TOTAL LIABILITIES | $164M |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $214M |
| Retained Earnings | -$198M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15M |
| Minority Interest | $0 |
| TOTAL EQUITY | $15M |
| TOTAL LIABILITIES & EQUITY | $179M |
| Total Debt | $123M |
| Net Debt | $76M |
