| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $441M | $259M | $339M | 70.1% | 30.3% |
| Op. Income | $136M | -$45M | -$12M | 405.0% | 1189.7% |
| Gross Margin | 58.8% | 32.2% | 81.1% | 26.6pp | -22.3pp |
| Net Margin | -7.4% | -171.5% | 49.1% | 164.0pp | -56.5pp |
| EPS (Diluted) | $-0.13 | $-1.79 | $0.67 | 92.7% | -119.4% |
| Free Cash Flow | $172M | -$94M | $83M | 282.6% | 107.1% |
| Item | Amount |
|---|---|
| REVENUE | $441M |
| Cost of Revenue | $182M |
| GROSS PROFIT | $259M |
| R&D Expenses | $0 |
| Selling & Marketing | $150.0K |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $318M |
| OPERATING INCOME | $136M |
| Interest Income | $0 |
| Interest Expense | $71M |
| Other Income/Expenses | -$89M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$33M |
| D&A | $107M |
| EBIT | $136M |
| EBITDA | $242M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$33M |
| Depreciation & Amortization | $107M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $89M |
| Change in Working Capital | $51M |
| OPERATING CASH FLOW | $218M |
| Capital Expenditure | -$46M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$43M |
| Net Debt Issuance | -$100M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$25M |
| Other Financing Activities | -$107M |
| NET CASH FROM FINANCING | -$207M |
| FREE CASH FLOW | $172M |
| Net Change in Cash | -$31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $105M |
| Short-Term Investments | $0 |
| Net Receivables | $199M |
| Inventory | $0 |
| Other Current Assets | $61M |
| TOTAL CURRENT ASSETS | $422M |
| PP&E (Net) | $7.8B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $95M |
| TOTAL NON-CURRENT ASSETS | $7.9B |
| TOTAL ASSETS | $8.3B |
| Account Payables | $108M |
| Short-Term Debt | $63M |
| Deferred Revenue | $68M |
| Other Current Liabilities | $249M |
| TOTAL CURRENT LIABILITIES | $517M |
| Long-Term Debt | $3.8B |
| Deferred Revenue NC | -$68M |
| Deferred Tax Liabilities | $68M |
| Other Non-Current Liabilities | $302M |
| TOTAL NON-CURRENT LIABILITIES | $4.1B |
| TOTAL LIABILITIES | $4.6B |
| Common Stock | $2M |
| Additional Paid-In Capital | $807M |
| Retained Earnings | $2.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$58M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.7B |
| TOTAL LIABILITIES & EQUITY | $8.3B |
| Total Debt | $3.9B |
| Net Debt | $3.8B |
