| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $163M | $147M | $162M | 11.2% | 0.9% |
| Op. Income | -$51M | $600.0K | $17M | -8650.0% | -400.0% |
| Gross Margin | -27.0% | 6.2% | 15.5% | -33.2pp | -42.5pp |
| Net Margin | -43.8% | 4.9% | -2.9% | -48.7pp | -40.9pp |
| EPS (Diluted) | $-0.18 | $0.02 | $-0.01 | -1000.0% | -1195.0% |
| Free Cash Flow | -$14M | -$10M | $9M | -42.4% | -250.0% |
| Item | Amount |
|---|---|
| REVENUE | $163M |
| Cost of Revenue | $207M |
| GROSS PROFIT | -$44M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $3M |
| Operating Expenses | $7M |
| Cost & Expenses | $214M |
| OPERATING INCOME | -$51M |
| Interest Income | $0 |
| Interest Expense | $200.0K |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | -$63M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | -$72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$72M |
| D&A | $42M |
| EBIT | -$63M |
| EBITDA | -$21M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$72M |
| Depreciation & Amortization | $42M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $69M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $47M |
| Capital Expenditure | -$62M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$62M |
| Net Debt Issuance | -$900.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $206M |
| Short-Term Investments | $8M |
| Net Receivables | $8M |
| Inventory | $110M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $380M |
| PP&E (Net) | $2.8B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $72M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $118M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $132M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $492M |
| Other Non-Current Liabilities | $47M |
| TOTAL NON-CURRENT LIABILITIES | $538M |
| TOTAL LIABILITIES | $663M |
| Common Stock | $3.7B |
| Additional Paid-In Capital | $87M |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $4M |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $3M |
| Net Debt | -$203M |
