| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $161M | $158M | $153M | 1.7% | 5.3% |
| Op. Income | -$63M | $121M | $248M | -151.6% | -125.2% |
| Gross Margin | 28.4% | 34.6% | 45.3% | -6.2pp | -16.9pp |
| Net Margin | -67.2% | 59.7% | 143.1% | -126.9pp | -210.2pp |
| EPS (Diluted) | $-2.70 | $2.38 | $5.80 | -213.4% | -146.6% |
| Free Cash Flow | -$81M | -$187M | -$67M | 56.8% | -21.3% |
| Item | Amount |
|---|---|
| REVENUE | $161M |
| Cost of Revenue | $115M |
| GROSS PROFIT | $46M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $100M |
| Operating Expenses | $108M |
| Cost & Expenses | $223M |
| OPERATING INCOME | -$63M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | -$108M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$108M |
| Net Income Deductions | $1M |
| BOTTOM LINE NET INCOME | -$109M |
| D&A | $63M |
| EBIT | -$86M |
| EBITDA | -$23M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$108M |
| Depreciation & Amortization | $63M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $210.0K |
| Other Non-Cash Items | $137M |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | $70M |
| Capital Expenditure | -$151M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1.0K |
| NET CASH FROM INVESTING | -$151M |
| Net Debt Issuance | $24M |
| Common Stock Repurchased | -$660.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $584.0K |
| NET CASH FROM FINANCING | $95M |
| FREE CASH FLOW | -$81M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $0 |
| Net Receivables | $108M |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $133M |
| PP&E (Net) | $1.7B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $210.0K |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $69M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $203M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $406.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$873M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $559M |
| Minority Interest | $0 |
| TOTAL EQUITY | $559M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $1.1B |
| Net Debt | $1.1B |
