| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $384M | $448M | $390M | -14.4% | -1.7% |
| Op. Income | -$17M | $3M | $21M | -706.2% | -182.1% |
| Gross Margin | 10.7% | 13.1% | 14.9% | -2.4pp | -4.2pp |
| Net Margin | 0.3% | -4.1% | -0.7% | 4.4pp | 1.0pp |
| EPS (Diluted) | $0.02 | $-0.25 | $-0.04 | 108.2% | 148.8% |
| Free Cash Flow | -$5M | $42M | $20M | -110.9% | -122.9% |
| Item | Amount |
|---|---|
| REVENUE | $384M |
| Cost of Revenue | $342M |
| GROSS PROFIT | $41M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $51M |
| Other Expenses | $2M |
| Operating Expenses | $58M |
| Cost & Expenses | $401M |
| OPERATING INCOME | -$17M |
| Interest Income | $3M |
| Interest Expense | $9M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$25M |
| Income Tax Expense | -$26M |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $21M |
| EBIT | -$16M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$28M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $738.0K |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | $50M |
| Common Stock Repurchased | -$58M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$485.0K |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $196M |
| Short-Term Investments | $0 |
| Net Receivables | $222M |
| Inventory | $437M |
| Other Current Assets | $32M |
| TOTAL CURRENT ASSETS | $912M |
| PP&E (Net) | $538M |
| Goodwill | $30M |
| Intangible Assets | $15M |
| Long-Term Investments | $8M |
| Tax Assets | $42M |
| Other Non-Current Assets | $40M |
| TOTAL NON-CURRENT ASSETS | $673M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $220M |
| Short-Term Debt | $12M |
| Deferred Revenue | $19M |
| Other Current Liabilities | $87M |
| TOTAL CURRENT LIABILITIES | $387M |
| Long-Term Debt | $553M |
| Deferred Revenue NC | $11M |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $704M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $0 |
| Additional Paid-In Capital | $740M |
| Retained Earnings | $164M |
| Treasury Stock | -$122M |
| Accum. Other Comp. Income | -$286M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $496M |
| Minority Interest | -$2M |
| TOTAL EQUITY | $494M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $683M |
| Net Debt | $487M |
