| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $684M | $654M | $258M | 4.6% | 165.4% |
| Op. Income | -$56M | -$38M | -$45M | -46.7% | -24.5% |
| Gross Margin | -3.4% | -0.9% | -9.6% | -2.5pp | 6.2pp |
| Net Margin | -8.1% | -5.9% | -14.4% | -2.2pp | 6.2pp |
| EPS (Diluted) | $-0.31 | $-0.22 | $-0.41 | -40.9% | 24.4% |
| Free Cash Flow | -$20M | -$11M | -$5M | -93.6% | -275.7% |
| Item | Amount |
|---|---|
| REVENUE | $684M |
| Cost of Revenue | $707M |
| GROSS PROFIT | -$23M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $33M |
| Cost & Expenses | $740M |
| OPERATING INCOME | -$56M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$859.0K |
| INCOME BEFORE TAX | -$57M |
| Income Tax Expense | -$186.0K |
| Net Income from Continuing Ops | -$57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$56M |
| D&A | $72M |
| EBIT | -$53M |
| EBITDA | $19M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$56M |
| Depreciation & Amortization | $73M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $44M |
| OPERATING CASH FLOW | $55M |
| Capital Expenditure | -$76M |
| Acquisitions (Net) | $22M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$13M |
| NET CASH FROM INVESTING | -$67M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$168.0K |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$20M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $407M |
| Inventory | $135M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $630M |
| PP&E (Net) | $1.3B |
| Goodwill | $0 |
| Intangible Assets | $7M |
| Long-Term Investments | -$7M |
| Tax Assets | $607.0K |
| Other Non-Current Assets | $82M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $289M |
| Short-Term Debt | $41M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $175M |
| TOTAL CURRENT LIABILITIES | $569M |
| Long-Term Debt | $121M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $563.0K |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $241M |
| TOTAL LIABILITIES | $810M |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$156M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$306.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $17M |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $244M |
| Net Debt | $224M |
