| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $267M | $248M | $260M | 7.9% | 2.9% |
| Op. Income | -$22M | -$53M | -$56M | 58.6% | 61.0% |
| Gross Margin | 39.0% | 38.9% | 36.1% | 0.2pp | 2.9pp |
| Net Margin | -30.5% | -253.6% | -37.3% | 223.0pp | 6.7pp |
| EPS (Diluted) | $-0.33 | $-2.55 | $-0.40 | 87.1% | 17.5% |
| Free Cash Flow | -$84M | -$43M | $26M | -95.1% | -426.9% |
| Item | Amount |
|---|---|
| REVENUE | $267M |
| Cost of Revenue | $163M |
| GROSS PROFIT | $104M |
| R&D Expenses | $0 |
| Selling & Marketing | -$755.0K |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $301M |
| OPERATING INCOME | -$22M |
| Interest Income | $0 |
| Interest Expense | $74M |
| Other Income/Expenses | -$71M |
| INCOME BEFORE TAX | -$93M |
| Income Tax Expense | -$14M |
| Net Income from Continuing Ops | -$78M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$82M |
| D&A | $114M |
| EBIT | -$22M |
| EBITDA | $92M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$82M |
| Depreciation & Amortization | $114M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $41M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$57M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$73M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $380.0K |
| NET CASH FROM INVESTING | -$73M |
| Net Debt Issuance | -$268.0K |
| Common Stock Repurchased | -$51.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$525.0K |
| NET CASH FROM FINANCING | -$844.0K |
| FREE CASH FLOW | -$84M |
| Net Change in Cash | -$84M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $326M |
| Short-Term Investments | $0 |
| Net Receivables | $200M |
| Inventory | $0 |
| Other Current Assets | $64M |
| TOTAL CURRENT ASSETS | $661M |
| PP&E (Net) | $8.5B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $216M |
| Other Non-Current Assets | -$19M |
| TOTAL NON-CURRENT ASSETS | $8.7B |
| TOTAL ASSETS | $9.4B |
| Account Payables | $103M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $169M |
| TOTAL CURRENT LIABILITIES | $316M |
| Long-Term Debt | $3.9B |
| Deferred Revenue NC | -$216M |
| Deferred Tax Liabilities | $216M |
| Other Non-Current Liabilities | $491M |
| TOTAL NON-CURRENT LIABILITIES | $4.4B |
| TOTAL LIABILITIES | $4.7B |
| Common Stock | $2M |
| Additional Paid-In Capital | $694M |
| Retained Earnings | $3.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$50M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.3B |
| Minority Interest | $404M |
| TOTAL EQUITY | $4.7B |
| TOTAL LIABILITIES & EQUITY | $9.4B |
| Total Debt | $3.9B |
| Net Debt | $3.6B |
