| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $253M | — | $306M | — | -17.3% |
| Op. Income | $12M | — | $30M | — | -61.2% |
| Gross Margin | 21.4% | — | 24.3% | — | -2.9pp |
| Net Margin | -0.4% | — | 6.2% | — | -6.5pp |
| EPS (Diluted) | $-0.02 | — | $0.48 | — | -104.8% |
| Free Cash Flow | $53M | — | $30M | — | 74.1% |
| Item | Amount |
|---|---|
| REVENUE | $253M |
| Cost of Revenue | $199M |
| GROSS PROFIT | $54M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $32M |
| Operating Expenses | $43M |
| Cost & Expenses | $241M |
| OPERATING INCOME | $12M |
| Interest Income | $15.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | -$916.0K |
| Income Tax Expense | -$3.0K |
| Net Income from Continuing Ops | -$913.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$913.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$894.0K |
| D&A | $18M |
| EBIT | $11M |
| EBITDA | $29M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$913.0K |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $352.0K |
| Deferred Income Tax | -$15M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | $43M |
| OPERATING CASH FLOW | $58M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | -$43M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$19M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$64M |
| FREE CASH FLOW | $53M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $237.0K |
| Short-Term Investments | $0 |
| Net Receivables | $98M |
| Inventory | $85M |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $194M |
| PP&E (Net) | $798M |
| Goodwill | $17M |
| Intangible Assets | $20M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $839M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $64M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $29M |
| TOTAL CURRENT LIABILITIES | $102M |
| Long-Term Debt | $656M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $667M |
| TOTAL LIABILITIES | $769M |
| Common Stock | $258M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$466M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $282M |
| Minority Interest | $7M |
| TOTAL EQUITY | $288M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $668M |
| Net Debt | $656M |
