Income Statement | | | | | | | | | | | | |
| | | | | | | | | | | | Original |
USD | Fiscal Year Ending | | Latest |
(in millions) | | | | | | Dec-19 | Dec-20 | Dec-21 | Dec-22 | Dec-23 | | Sep-24 |
| FY - 9 | FY - 8 | FY - 7 | FY - 6 | FY - 5 | FY - 4 | FY - 3 | FY - 2 | FY - 1 | FY | | LTM |
| | | | | | | | | | | | |
Revenue | 0 | 0 | 0 | 0 | 0 | 4 | 20 | 97 | 90 | 70 | | 64 |
% Growth | NA | NA | NA | NA | NA | NA | 353.1% | 383.9% | -7.5% | -21.8% | | |
| | | | | | | | | | | | |
Cost of Revenue | 0 | 0 | 0 | 0 | 0 | (5) | (13) | (28) | (62) | (51) | | (46) |
Gross Profit | 0 | 0 | 0 | 0 | 0 | (0) | 8 | 69 | 28 | 19 | | 19 |
% Revenue | NA | NA | NA | NA | NA | -10.4% | 37.4% | 70.8% | 31.6% | 27.5% | | 29.0% |
| | | | | | | | | | | | |
Research and Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
Selling and Marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
General and Admin | 0 | 0 | 0 | 0 | 0 | (6) | (6) | (24) | (35) | (26) | | (17) |
Other Inc / (Exp) | 0 | 0 | 0 | 0 | 0 | (2) | (5) | (12) | (226) | (10) | | (7) |
Total Operating Exp | 0 | 0 | 0 | 0 | 0 | (7) | (10) | (36) | (262) | (36) | | (24) |
| | | | | | | | | | | | |
Operating Income | 0 | 0 | 0 | 0 | 0 | (8) | (3) | 33 | (233) | (16) | | (5) |
% Revenue | NA | NA | NA | NA | NA | -175.8% | -13.1% | 34.1% | -259.1% | -23.3% | | -7.6% |
| | | | | | | | | | | | |
Interest Expense | 0 | 0 | 0 | 0 | 0 | (1) | (1) | (4) | (22) | (13) | | (8) |
Pre-tax Income | 0 | 0 | 0 | 0 | 0 | (8) | (3) | 30 | (255) | (29) | | (13) |
Earnings of Discontinued Ops. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (66) | (1) | (0) | | 0 |
Provision for Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (8) | (15) | 0 | | 0 |
Net Income to Company | 0 | 0 | 0 | 0 | 0 | (8) | (3) | (44) | (271) | (30) | | (13) |
% Margin | NA | NA | NA | NA | NA | -190.9% | -16.4% | -45.7% | -301.3% | -41.9% | | -20.1% |
| | | | | | | | | | | | |
Minority Interest in Earnings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
Net Income to Stockholders | 0 | 0 | 0 | 0 | 0 | (8) | (3) | (44) | (271) | (30) | | (13) |
| | | | | | | | | | | | |
Preferred Dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
Other Adj. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 65 | 1 | 0 | | (0) |
| | | | | | | | | | | | |
Net Income to Common | 0 | 0 | 0 | 0 | 0 | (8) | (3) | 21 | (270) | (29) | | (13) |
% Margin | NA | NA | NA | NA | NA | -190.9% | -16.4% | 21.5% | -299.8% | -41.3% | | -20.4% |
| | | | | | | | | | | | |
As Reported | | | | | | | | | | | | |
Basic EPS (Continuing Ops) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 6.55 | (63.66) | (4.36) | | (0.93) |
Diluted EPS (Continuing Ops) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 6.55 | (63.66) | (4.36) | | (0.93) |
| | | | | | | | | | | | |
WA Basic Shares Out. | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.20 | 4.24 | 6.66 | | 10.36 |
WA Diluted Shares Out. | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.20 | 4.24 | 6.66 | | 10.36 |
| | | | | | | | | | | | |
EBITDA, EBIT Reconciliation | | | | | | | | | | | | |
EBT, Incl. Unusual Items | 0 | 0 | 0 | 0 | 0 | (8) | (3) | 30 | (255) | (29) | | (13) |
Addback: Net Interest Expense | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 4 | 22 | 13 | | 8 |
Addback: Other Non Operating Expenses, Total | 0 | 0 | 0 | 0 | 0 | (0) | (0) | 3 | 17 | 2 | | 1 |
Addback: Depreciation & Amortization | 0 | 0 | 0 | 0 | 0 | 2 | 5 | 9 | 35 | 14 | | 13 |
Addback: Restructuring Charges | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
Addback: Merger / Acquisition Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
Addback: Goodwill Impairment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
Addback: Gain (Loss) On Sale Of Invest. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
Addback: Gain (Loss) On Sale Of Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (2) | (10) | | (7) |
Addback: Asset Writedown | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 176 | 4 | | 0 |
Addback: In Process R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
Addback: Insurance Settlements | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
Addback: Legal Settlements | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
Addback: Other Unusual Items | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
Adjusted EBITDA | 0 | 0 | 0 | 0 | 0 | (6) | 2 | 45 | (7) | (7) | | 2 |
% Margin | NA | NA | NA | NA | NA | -141.8% | 10.3% | 46.3% | -7.6% | -9.6% | | 2.8% |
| | | | | | | | | | | | |
Adjusted EBIT | 0 | 0 | 0 | 0 | 0 | (8) | (3) | 36 | (42) | (20) | | (11) |
% Margin | NA | NA | NA | NA | NA | -179.6% | -13.1% | 37.5% | -46.6% | -29.0% | | -17.6% |
| | | | | | | | | | | | |
Adjusted Net Income Reconciliation | | | | | | | | | | | | |
Net Income to Company | 0 | 0 | 0 | 0 | 0 | (8) | (3) | (44) | (271) | (30) | | (13) |
Addback: Unusual Items | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 175 | (6) | | (7) |
Less: Tax Benefit of Unusual Items (26%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (45) | 2 | | 2 |
Adjusted Net Income | 0 | 0 | 0 | 0 | 0 | (8) | (3) | (44) | (142) | (34) | | (18) |
% Margin | NA | NA | NA | NA | NA | -190.9% | -16.4% | -45.7% | -157.7% | -48.1% | | -28.5% |