| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $511M | $344M | $178M | 48.7% | 187.2% |
| Op. Income | $296M | $146M | $12M | 101.9% | 2291.8% |
| Gross Margin | 59.4% | 44.9% | 12.0% | 14.5pp | 47.4pp |
| Net Margin | -56.4% | -52.3% | -71.1% | -4.1pp | 14.7pp |
| EPS (Diluted) | $-1.26 | $-0.80 | $-0.57 | -57.5% | -121.1% |
| Free Cash Flow | $64M | $19M | $25M | 230.3% | 153.7% |
| Item | Amount |
|---|---|
| REVENUE | $511M |
| Cost of Revenue | $207M |
| GROSS PROFIT | $304M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | -$14.0K |
| Operating Expenses | $8M |
| Cost & Expenses | $215M |
| OPERATING INCOME | $296M |
| Interest Income | $0 |
| Interest Expense | $50M |
| Other Income/Expenses | -$560M |
| INCOME BEFORE TAX | -$264M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | -$288M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$288M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$293M |
| D&A | $129M |
| EBIT | -$214M |
| EBITDA | -$86M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$288M |
| Depreciation & Amortization | $133M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $449M |
| Change in Working Capital | -$62M |
| OPERATING CASH FLOW | $233M |
| Capital Expenditure | -$169M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $50.0K |
| NET CASH FROM INVESTING | -$169M |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$9.0K |
| NET CASH FROM FINANCING | -$56M |
| FREE CASH FLOW | $64M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $0 |
| Net Receivables | $243M |
| Inventory | $0 |
| Other Current Assets | $39M |
| TOTAL CURRENT ASSETS | $310M |
| PP&E (Net) | $4.2B |
| Goodwill | $336M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $379.0K |
| TOTAL NON-CURRENT ASSETS | $4.6B |
| TOTAL ASSETS | $4.9B |
| Account Payables | $325M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $634M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $2.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $116M |
| Other Non-Current Liabilities | $72M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $4.1B |
| Common Stock | $116M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$560M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $830M |
| Minority Interest | $0 |
| TOTAL EQUITY | $830M |
| TOTAL LIABILITIES & EQUITY | $4.9B |
| Total Debt | $2.8B |
| Net Debt | $2.8B |
