| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $139M | $145M | $132M | -4.1% | 5.1% |
| Op. Income | $1.0K | $8M | -$142.0K | -100.0% | 100.7% |
| Gross Margin | 20.9% | 23.3% | 23.4% | -2.4pp | -2.5pp |
| Net Margin | -77.7% | -12.4% | -5.7% | -65.2pp | -71.9pp |
| EPS (Diluted) | $-0.82 | $-0.14 | $-0.07 | -485.7% | -1113.0% |
| Free Cash Flow | $41M | $68M | -$58M | -40.4% | 169.5% |
| Item | Amount |
|---|---|
| REVENUE | $139M |
| Cost of Revenue | $110M |
| GROSS PROFIT | $29M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $25M |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $139M |
| OPERATING INCOME | $1.0K |
| Interest Income | $0 |
| Interest Expense | $30M |
| Other Income/Expenses | -$142M |
| INCOME BEFORE TAX | -$142M |
| Income Tax Expense | -$34M |
| Net Income from Continuing Ops | -$108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$108M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$108M |
| D&A | $75M |
| EBIT | -$112M |
| EBITDA | -$37M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$108M |
| Depreciation & Amortization | $75M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$35M |
| Other Non-Cash Items | $116M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $56M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$188M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$359.0K |
| NET CASH FROM FINANCING | -$185M |
| FREE CASH FLOW | $41M |
| Net Change in Cash | $52M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $224M |
| Short-Term Investments | $0 |
| Net Receivables | $69M |
| Inventory | $40M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $343M |
| PP&E (Net) | $3.2B |
| Goodwill | $0 |
| Intangible Assets | $47M |
| Long-Term Investments | $800.0K |
| Tax Assets | $2M |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $7M |
| Short-Term Debt | $14M |
| Deferred Revenue | $39M |
| Other Current Liabilities | $54M |
| TOTAL CURRENT LIABILITIES | $114M |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $67M |
| Deferred Tax Liabilities | $189M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $132.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $332M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $1.8B |
| Net Debt | $1.6B |
