| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $250M | $219M | $227M | 14.1% | 10.3% |
| Op. Income | $5M | -$38M | -$15M | 113.6% | 134.2% |
| Gross Margin | 8.0% | -5.8% | 39.6% | 13.9pp | -31.5pp |
| Net Margin | -9.5% | 9.3% | -22.4% | -18.8pp | 13.0pp |
| EPS (Diluted) | $-0.12 | $0.10 | $-0.20 | -220.0% | 40.0% |
| Free Cash Flow | -$50M | -$47M | $145M | -5.6% | -134.2% |
| Item | Amount |
|---|---|
| REVENUE | $250M |
| Cost of Revenue | $230M |
| GROSS PROFIT | $20M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $245M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | -$21M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$24M |
| D&A | $40M |
| EBIT | $5M |
| EBITDA | $45M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$24M |
| Depreciation & Amortization | $40M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $103M |
| Change in Working Capital | -$32M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$43M |
| Acquisitions (Net) | $287.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $287.0K |
| NET CASH FROM INVESTING | -$42M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $376.0K |
| NET CASH FROM FINANCING | $376.0K |
| FREE CASH FLOW | -$50M |
| Net Change in Cash | -$163M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $120M |
| Short-Term Investments | $0 |
| Net Receivables | $228M |
| Inventory | $0 |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $421M |
| PP&E (Net) | $1.5B |
| Goodwill | $0 |
| Intangible Assets | $76M |
| Long-Term Investments | $639.0K |
| Tax Assets | $14M |
| Other Non-Current Assets | $121M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $106M |
| Short-Term Debt | $0 |
| Deferred Revenue | $13M |
| Other Current Liabilities | $79M |
| TOTAL CURRENT LIABILITIES | $242M |
| Long-Term Debt | $406M |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $63M |
| TOTAL NON-CURRENT LIABILITIES | $487M |
| TOTAL LIABILITIES | $728M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$21M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$267.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $406M |
| Net Debt | $286M |
