2024 Q4 Form 10-Q Financial Statement

#000193485024000055 Filed on November 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $1.444B
YoY Change 69.68%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $80.00M
YoY Change 37.93%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $147.0M
YoY Change 36.11%
% of Gross Profit
Operating Expenses $1.448B
YoY Change 191.94%
Operating Profit
YoY Change
Interest Expense $36.00M
YoY Change 50.0%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$30.00M
YoY Change -107.89%
Income Tax -$25.00M
% Of Pretax Income
Net Earnings -$6.000M
YoY Change -101.96%
Net Earnings / Revenue -0.42%
Basic Earnings Per Share -$0.08
Diluted Earnings Per Share -$0.08
COMMON SHARES
Basic Shares Outstanding 126.1M shares 126.1M shares
Diluted Shares Outstanding 124.0M shares

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $3.539B
Short-Term Investments
Other Short-Term Assets $942.0M
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $942.0M
YoY Change -89.95%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill $2.179B
YoY Change 24.59%
Intangibles
YoY Change
Long-Term Investments $3.666B
YoY Change 25.55%
Other Assets $862.0M
YoY Change
Total Long-Term Assets $83.18B
YoY Change 53.33%
TOTAL ASSETS
Total Short-Term Assets $942.0M
Total Long-Term Assets $83.18B
Total Assets $84.12B
YoY Change 32.22%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $187.0M
YoY Change -89.19%
Accrued Expenses $2.738B
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.291B
YoY Change 90.23%
LONG-TERM LIABILITIES
Long-Term Debt $2.038B
YoY Change 29.89%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $2.038B
YoY Change 29.89%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.291B
Total Long-Term Liabilities $2.038B
Total Liabilities $79.65B
YoY Change 30.04%
SHAREHOLDERS EQUITY
Retained Earnings $2.145B
YoY Change -4.75%
Common Stock $3.456B
YoY Change 8.75%
Preferred Stock
YoY Change
Treasury Stock (at cost) $24.00M
YoY Change 33.33%
Treasury Stock Shares
Shareholders Equity $4.346B
YoY Change
Total Liabilities & Shareholders Equity $84.12B
YoY Change 32.22%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income -$6.000M
YoY Change -101.96%
Depreciation, Depletion And Amortization $147.0M
YoY Change 36.11%
Cash From Operating Activities $2.090B
YoY Change 162.89%
INVESTING ACTIVITIES
Capital Expenditures $7.000M
YoY Change 0.0%
Acquisitions
YoY Change
Other Investing Activities -$1.909B
YoY Change 36.26%
Cash From Investing Activities -$1.916B
YoY Change 36.08%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -161.0M
YoY Change -124.14%
NET CHANGE
Cash From Operating Activities 2.090B
Cash From Investing Activities -1.916B
Cash From Financing Activities -161.0M
Net Change In Cash 13.00M
YoY Change -75.93%
FREE CASH FLOW
Cash From Operating Activities $2.090B
Capital Expenditures $7.000M
Free Cash Flow $2.083B
YoY Change 164.34%

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us-gaap Reinsurance Recoverable Credit Loss Expense Reversal
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us-gaap Present Value Of Future Insurance Profit Experience Adjustment
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CY2023Q3 us-gaap Deferred Policy Acquisition Costs
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CY2024Q3 fg Present Value Of Future Insurance Profits Expected Amortization After Year Four
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CY2023Q4 us-gaap Amortization Method Qualified Affordable Housing Project Investments
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fg Policyholder Benefits And Claims Incurred Net Life And Annuity Change In Policy Reserves Increase Decrease
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us-gaap Liability For Future Policy Benefit Gross Premium Income
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us-gaap Liability For Future Policy Benefit Interest Expense
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CY2024Q3 fg Net Premium Ratio Before Capping
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CY2024Q3 fg Reserves Before Np Ratio Capping
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CY2024Q3 fg Reserves After Np Ratio Capping
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CY2024Q3 fg Statutory Accounting Practices Number Of Permitted Practices
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CY2024Q3 ecd Rule10b51 Arr Adopted Flag
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