| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $53M | $17M | $53M | 212.0% | 0.8% |
| Op. Income | -$11M | -$6M | -$10M | -71.5% | -13.2% |
| Gross Margin | -1.8% | 2.7% | -2.4% | -4.5pp | 0.6pp |
| Net Margin | -29.1% | -141.0% | -11.3% | 111.9pp | -17.8pp |
| EPS (Diluted) | $-0.32 | $-0.50 | $-0.12 | 36.0% | -166.7% |
| Free Cash Flow | $135M | -$3M | $2M | 4428.8% | 5770.6% |
| Item | Amount |
|---|---|
| REVENUE | $53M |
| Cost of Revenue | $54M |
| GROSS PROFIT | -$974.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $64M |
| OPERATING INCOME | -$11M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$15M |
| D&A | $6M |
| EBIT | -$9M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$15M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $218.0K |
| Deferred Income Tax | $749.0K |
| Other Non-Cash Items | $647.0K |
| Change in Working Capital | $150M |
| OPERATING CASH FLOW | $141M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$61M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$61M |
| FREE CASH FLOW | $135M |
| Net Change in Cash | $76M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $61M |
| Short-Term Investments | $0 |
| Net Receivables | $79M |
| Inventory | $15M |
| Other Current Assets | $32M |
| TOTAL CURRENT ASSETS | $189M |
| PP&E (Net) | $121M |
| Goodwill | $9M |
| Intangible Assets | $209.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $65M |
| TOTAL NON-CURRENT ASSETS | $196M |
| TOTAL ASSETS | $384M |
| Account Payables | $32M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $115M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $17M |
| TOTAL LIABILITIES | $131M |
| Common Stock | $481.0K |
| Additional Paid-In Capital | $540M |
| Retained Earnings | -$284M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $253M |
| Minority Interest | $0 |
| TOTAL EQUITY | $253M |
| TOTAL LIABILITIES & EQUITY | $384M |
| Total Debt | $18M |
| Net Debt | -$43M |
