| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $185M | — | $120M | — | 54.0% |
| Op. Income | -$18M | — | -$20M | — | 13.8% |
| Gross Margin | -0.0% | — | -9.7% | — | 9.6pp |
| Net Margin | -15.0% | — | -17.3% | — | 2.3pp |
| EPS (Diluted) | $-2.09 | — | $-1.51 | — | -38.2% |
| Free Cash Flow | $2M | — | $28M | — | -93.9% |
| Item | Amount |
|---|---|
| REVENUE | $185M |
| Cost of Revenue | $186M |
| GROSS PROFIT | -$29.2K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $203M |
| OPERATING INCOME | -$18M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | -$30M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$28M |
| D&A | $51M |
| EBIT | -$16M |
| EBITDA | $35M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$28M |
| Depreciation & Amortization | $51M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $42M |
| Short-Term Investments | $0 |
| Net Receivables | $182M |
| Inventory | $19M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $243M |
| PP&E (Net) | $1.7B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $6M |
| Tax Assets | $802.4K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $145M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $155M |
| Long-Term Debt | $850M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $917M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $1.7B |
| Additional Paid-In Capital | $56M |
| Retained Earnings | -$906M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $99M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $916M |
| Minority Interest | $0 |
| TOTAL EQUITY | $916M |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $894M |
| Net Debt | $852M |
