| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $139M | $90M | $92M | 53.7% | 50.3% |
| Op. Income | $33M | -$5M | $3M | 759.9% | 1106.5% |
| Gross Margin | 25.8% | 2.1% | 9.5% | 23.7pp | 16.3pp |
| Net Margin | 8.6% | -23.8% | -8.1% | 32.5pp | 16.8pp |
| EPS (Diluted) | $0.08 | $-0.15 | $-0.05 | 153.3% | 251.5% |
| Free Cash Flow | -$40M | -$63M | -$10M | 37.2% | -310.7% |
| Item | Amount |
|---|---|
| REVENUE | $139M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $36M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $106M |
| OPERATING INCOME | $33M |
| Interest Income | $120.0K |
| Interest Expense | $15M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | -$16.0K |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1.0K |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $28M |
| EBIT | $27M |
| EBITDA | $55M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $139M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $36M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $106M |
| OPERATING INCOME | $33M |
| Interest Income | $120.0K |
| Interest Expense | $15M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | -$16.0K |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1.0K |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $28M |
| EBIT | $27M |
| EBITDA | $55M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $335.0K |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$68M |
| Acquisitions (Net) | $409.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $26M |
| NET CASH FROM INVESTING | -$42M |
| Net Debt Issuance | $30M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$1.0K |
| NET CASH FROM FINANCING | $22M |
| FREE CASH FLOW | -$40M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $95M |
| Short-Term Investments | $0 |
| Net Receivables | $60M |
| Inventory | $32M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $193M |
| PP&E (Net) | $1.7B |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $4M |
| Tax Assets | -$2M |
| Other Non-Current Assets | $1.0K |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $11M |
| Short-Term Debt | $94M |
| Deferred Revenue | $18M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $124M |
| Long-Term Debt | $873M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $878M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$285M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $862M |
| Minority Interest | $0 |
| TOTAL EQUITY | $862M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $967M |
| Net Debt | $872M |
