| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $197M | $146M | $185M | 34.7% | 6.5% |
| Op. Income | $2M | -$25M | $22M | 106.4% | -92.5% |
| Gross Margin | 10.5% | 5.8% | 28.8% | 4.8pp | -18.2pp |
| Net Margin | -2.3% | -16.1% | 6.4% | 13.8pp | -8.7pp |
| EPS (Diluted) | $-0.01 | $-0.04 | $0.00 | 81.1% | -4100.0% |
| Free Cash Flow | -$20M | -$62M | $25M | 68.4% | -179.6% |
| Item | Amount |
|---|---|
| REVENUE | $197M |
| Cost of Revenue | $176M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | $6M |
| Operating Expenses | $19M |
| Cost & Expenses | $195M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $38M |
| EBIT | $984.0K |
| EBITDA | $39M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $29M |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $37M |
| Capital Expenditure | -$56M |
| Acquisitions (Net) | $1.0K |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$60M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$26M |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | -$20M |
| Net Change in Cash | -$40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $105M |
| Short-Term Investments | $0 |
| Net Receivables | $56M |
| Inventory | $91M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $268M |
| PP&E (Net) | $2.6B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $24M |
| Tax Assets | $21M |
| Other Non-Current Assets | $33M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $85M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $178M |
| Long-Term Debt | $518M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $126M |
| Other Non-Current Liabilities | $126M |
| TOTAL NON-CURRENT LIABILITIES | $770M |
| TOTAL LIABILITIES | $948M |
| Common Stock | $152M |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | -$404M |
| Treasury Stock | -$32M |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $527M |
| Net Debt | $422M |
