| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $222M | $226M | $211M | -1.8% | 5.0% |
| Op. Income | -$43M | $64M | $23M | -167.9% | -286.0% |
| Gross Margin | 60.6% | 97.6% | 59.9% | -37.0pp | 0.6pp |
| Net Margin | -30.1% | 15.4% | 1.4% | -45.5pp | -31.5pp |
| EPS (Diluted) | $-0.41 | $0.21 | $0.02 | -295.2% | -2390.5% |
| Free Cash Flow | $22M | $85M | $19M | -74.6% | 16.0% |
| Item | Amount |
|---|---|
| REVENUE | $222M |
| Cost of Revenue | $87M |
| GROSS PROFIT | $134M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $51M |
| SG&A Expenses | $53M |
| Other Expenses | $125M |
| Operating Expenses | $178M |
| Cost & Expenses | $265M |
| OPERATING INCOME | -$43M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | -$56M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | -$67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$67M |
| D&A | $28M |
| EBIT | $54M |
| EBITDA | $81M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$67M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $101M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $40M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $158.0K |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$148M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$152M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | -$132M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $78M |
| Short-Term Investments | $0 |
| Net Receivables | $261M |
| Inventory | $16M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $394M |
| PP&E (Net) | $171M |
| Goodwill | $736M |
| Intangible Assets | $232M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $81M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $91M |
| Short-Term Debt | $0 |
| Deferred Revenue | $29M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $200M |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $75M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $16.0K |
| Additional Paid-In Capital | $552M |
| Retained Earnings | -$269M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $265M |
| Minority Interest | $0 |
| TOTAL EQUITY | $265M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $1.1B |
| Net Debt | $989M |
