| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $225M | $162M | $137M | 39.3% | 64.8% |
| Op. Income | $8M | -$5M | -$24M | 248.7% | 131.1% |
| Gross Margin | 11.3% | 9.2% | -0.9% | 2.0pp | 12.2pp |
| Net Margin | -3.5% | -12.1% | -17.4% | 8.5pp | 13.8pp |
| EPS (Diluted) | $-0.02 | $-0.04 | $-0.05 | 60.1% | 67.7% |
| Free Cash Flow | $34M | $29M | -$35M | 17.2% | 197.5% |
| Item | Amount |
|---|---|
| REVENUE | $225M |
| Cost of Revenue | $200M |
| GROSS PROFIT | $25M |
| R&D Expenses | $536.0K |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $8M |
| Operating Expenses | $18M |
| Cost & Expenses | $217M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $61M |
| EBIT | $3M |
| EBITDA | $64M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $61M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $58M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | $97.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | -$53M |
| Common Stock Repurchased | $8.0K |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $34M |
| Net Change in Cash | $29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $62M |
| Short-Term Investments | $0 |
| Net Receivables | $38M |
| Inventory | $66M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $179M |
| PP&E (Net) | $2.4B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $6M |
| Tax Assets | $4M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $58M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $117M |
| Long-Term Debt | $505M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $138M |
| Other Non-Current Liabilities | $167M |
| TOTAL NON-CURRENT LIABILITIES | $828M |
| TOTAL LIABILITIES | $945M |
| Common Stock | $132M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$353M |
| Treasury Stock | -$23M |
| Accum. Other Comp. Income | -$37M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $534M |
| Net Debt | $471M |
