| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $192M | $105M | $139M | 83.2% | 38.4% |
| Op. Income | $86M | $6M | $33M | 1252.6% | 157.8% |
| Gross Margin | 46.5% | 9.4% | 25.8% | 37.1pp | 20.7pp |
| Net Margin | 39.5% | -9.0% | 8.6% | 48.5pp | 30.9pp |
| EPS (Diluted) | $0.47 | $-0.07 | $0.08 | 814.3% | 487.5% |
| Free Cash Flow | $29M | $8M | -$40M | 278.4% | 174.0% |
| Item | Amount |
|---|---|
| REVENUE | $192M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $89M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $106M |
| OPERATING INCOME | $86M |
| Interest Income | $357.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $76M |
| Income Tax Expense | $20.0K |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1.0K |
| NET INCOME | $76M |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $31M |
| EBIT | $89M |
| EBITDA | $119M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $192M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $89M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $106M |
| OPERATING INCOME | $86M |
| Interest Income | $357.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $76M |
| Income Tax Expense | $20.0K |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1.0K |
| NET INCOME | $76M |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $31M |
| EBIT | $89M |
| EBITDA | $119M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $76M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $454.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$56M |
| OPERATING CASH FLOW | $50M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $513.0K |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$71M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$78M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | -$48M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $67M |
| Short-Term Investments | $0 |
| Net Receivables | $108M |
| Inventory | $34M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $218M |
| PP&E (Net) | $1.6B |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $5M |
| Tax Assets | -$1M |
| Other Non-Current Assets | -$1.0K |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $8M |
| Short-Term Debt | $100M |
| Deferred Revenue | $930.0K |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $130M |
| Long-Term Debt | $751M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $765M |
| TOTAL LIABILITIES | $895M |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$240M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $932M |
| Minority Interest | $5.0K |
| TOTAL EQUITY | $932M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $851M |
| Net Debt | $784M |
