Total Revenue

Remained at $8.4 million (consistent with Q3 2024)

Revenue consistency was observed as both quarters maintained the same topline with product revenue of $4.4 million and recycling service revenue of $4.0 million, suggesting that market demand and the company’s service mix stayed stable despite evolving operational dynamics. "

Basic & Diluted EPS

Basic EPS declined from 2.63 to 2.43 and Diluted EPS from 2.63 to 2.15

Despite recording a net profit of $56.5 million in Q4 2024, the per‐share figures deteriorated due to an operating loss of $25.2 million that was only partially offset by nonoperating gains (a $99.2 million fair value gain and $81.7 million other income). This indicates that non‐recurring positive items helped turn losses into profit but did not fully translate to higher per-share earnings. "

Cash and Cash Equivalents

Decreased by approximately 43% from $57.0 million in Q3 2024 to $32.2 million in Q4 2024

The significant drop in cash reserves reflects higher outflows from both operating and investing activities, even as the company implemented cash conservation initiatives and raised proceeds through their ATM equity program. These factors combined to reduce available cash relative to the previous quarter. "

Convertible Debt

Reduced nearly 20% from $426.4 million in Q3 2024 to $342.6 million in Q4 2024

The reduction in convertible debt points to targeted refinancing or debt repayment efforts. The decline improves the company’s leverage profile and contrasts with earlier periods where convertible debt levels had been elevated due to multiple issuances and adjustments in conversion features. " "

Total Equity

Increased by about 25% from $235.7 million in Q3 2024 to $295.3 million in Q4 2024

The substantial improvement in total equity was driven primarily by the net profit achieved in Q4 2024, which helped offset accumulated losses from previous periods. This reflects a solid recovery in the balance sheet, reinforcing the company’s financial position despite earlier operating challenges. " "

Geographic Revenue Breakdown

Reporting details indicate revenues of $2.5 million (Germany), $1.7 million (United States), and $0.6 million (Canada) in Q4 2024

Although these regional figures sum to $4.8 million, they highlight reporting nuances and potential segmentation challenges as the geographic revenue mix continues to evolve. This differentiation is critical for understanding market-specific performance and strategy adjustments compared to prior periods. "