| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | $1.5B | -0.8% | 1.2% |
| Op. Income | $10M | $2M | -$9M | 296.5% | 213.7% |
| Gross Margin | 34.8% | 38.1% | 36.8% | -3.3pp | -2.0pp |
| Net Margin | -1.1% | -1.6% | -83.1% | 0.5pp | 82.0pp |
| EPS (Diluted) | $-0.06 | $-0.09 | $-4.63 | 34.0% | 98.7% |
| Free Cash Flow | -$10M | $42M | -$28M | -124.5% | 63.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $986M |
| GROSS PROFIT | $526M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $516M |
| Other Expenses | $0 |
| Operating Expenses | $516M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $10M |
| Interest Income | $1M |
| Interest Expense | $36M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | -$18M |
| Income Tax Expense | -$857.0K |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | $50M |
| EBIT | $15M |
| EBITDA | $65M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $50M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $85M |
| Change in Working Capital | -$109M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$31M |
| Acquisitions (Net) | -$205.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$224.0K |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$828.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $117M |
| Short-Term Investments | $0 |
| Net Receivables | $40M |
| Inventory | $690M |
| Other Current Assets | $38M |
| TOTAL CURRENT ASSETS | $932M |
| PP&E (Net) | $2.1B |
| Goodwill | $980M |
| Intangible Assets | $1.0B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $206M |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $5.2B |
| Account Payables | $448M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $211M |
| Other Non-Current Liabilities | $123M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $4.1B |
| Common Stock | $275.0K |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $5.2B |
| Total Debt | $3.0B |
| Net Debt | $2.9B |
