| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.4B | — | -2.2% | — |
| Op. Income | -$65M | -$108M | — | 39.8% | — |
| Gross Margin | 28.0% | 25.4% | — | 2.6pp | — |
| Net Margin | -4.4% | -5.8% | — | 1.4pp | — |
| EPS (Diluted) | $-0.78 | $-1.03 | — | 24.3% | — |
| Free Cash Flow | $17M | $43M | — | -60.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $394M |
| R&D Expenses | $0 |
| Selling & Marketing | $180M |
| General & Administrative | $68M |
| SG&A Expenses | $248M |
| Other Expenses | $211M |
| Operating Expenses | $459M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | -$65M |
| Interest Income | $17M |
| Interest Expense | $4M |
| Other Income/Expenses | $22M |
| INCOME BEFORE TAX | -$43M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | -$62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$62M |
| Net Income Deductions | $1M |
| BOTTOM LINE NET INCOME | -$63M |
| D&A | $138M |
| EBIT | -$38M |
| EBITDA | $100M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$62M |
| Depreciation & Amortization | $137M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $55M |
| Change in Working Capital | $35M |
| OPERATING CASH FLOW | $173M |
| Capital Expenditure | -$156M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $12M |
| NET CASH FROM INVESTING | -$144M |
| Net Debt Issuance | -$305M |
| Common Stock Repurchased | -$23M |
| Common Dividends Paid | -$26M |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | -$365M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | -$356M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $641M |
| Short-Term Investments | $0 |
| Net Receivables | $316M |
| Inventory | $844M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $3.8B |
| Goodwill | $1.9B |
| Intangible Assets | $660M |
| Long-Term Investments | $0 |
| Tax Assets | $7M |
| Other Non-Current Assets | $536M |
| TOTAL NON-CURRENT ASSETS | $6.9B |
| TOTAL ASSETS | $8.8B |
| Account Payables | $401M |
| Short-Term Debt | $200M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $160M |
| TOTAL CURRENT LIABILITIES | $934M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $609M |
| Other Non-Current Liabilities | $244M |
| TOTAL NON-CURRENT LIABILITIES | $872M |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $2.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $4.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$321M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.0B |
| TOTAL LIABILITIES & EQUITY | $8.8B |
| Total Debt | $229M |
| Net Debt | -$412M |
