| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $230M | $201M | $147M | 14.1% | 55.8% |
| Op. Income | -$13M | -$29M | -$41M | 55.9% | 68.8% |
| Gross Margin | 1.6% | -7.0% | -16.4% | 8.6pp | 18.0pp |
| Net Margin | -8.4% | -13.1% | -23.5% | 4.8pp | 15.1pp |
| EPS (Diluted) | $-1.31 | $-1.80 | $-2.36 | 27.2% | 44.6% |
| Free Cash Flow | $25M | -$19M | -$44M | 233.2% | 156.5% |
| Item | Amount |
|---|---|
| REVENUE | $230M |
| Cost of Revenue | $226M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $242M |
| OPERATING INCOME | -$13M |
| Interest Income | $185.6K |
| Interest Expense | $23M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | -$36M |
| Income Tax Expense | -$16M |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$19M |
| D&A | $66M |
| EBIT | -$13M |
| EBITDA | $53M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $66M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$16M |
| Other Non-Cash Items | $30M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | $41M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $25M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $96M |
| Short-Term Investments | $0 |
| Net Receivables | $218M |
| Inventory | $18M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $354M |
| PP&E (Net) | $2.4B |
| Goodwill | $150M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $160M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $160M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | -$1.2B |
| Deferred Tax Liabilities | $66M |
| Other Non-Current Liabilities | $83M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $1.7B |
| Additional Paid-In Capital | $31M |
| Retained Earnings | -$466M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $97M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $1.3B |
| Net Debt | $1.2B |
