| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $254M | $230M | $207M | 10.4% | 22.3% |
| Op. Income | -$14M | -$13M | -$22M | -7.6% | 38.3% |
| Gross Margin | 5.5% | 1.6% | -2.2% | 3.9pp | 7.7pp |
| Net Margin | -13.5% | -8.4% | -10.8% | -5.2pp | -2.8pp |
| EPS (Diluted) | $-2.35 | $-1.31 | $-1.53 | -79.3% | -53.6% |
| Free Cash Flow | -$1M | $25M | -$53M | -104.9% | 97.7% |
| Item | Amount |
|---|---|
| REVENUE | $254M |
| Cost of Revenue | $240M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $256M |
| OPERATING INCOME | -$14M |
| Interest Income | $0 |
| Interest Expense | $28M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | -$47M |
| Income Tax Expense | -$13M |
| Net Income from Continuing Ops | -$34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$34M |
| D&A | $69M |
| EBIT | -$23M |
| EBITDA | $45M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$34M |
| Depreciation & Amortization | $69M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$46M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$54M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $48M |
| Short-Term Investments | $0 |
| Net Receivables | $257M |
| Inventory | $18M |
| Other Current Assets | $22M |
| TOTAL CURRENT ASSETS | $323M |
| PP&E (Net) | $2.3B |
| Goodwill | $150M |
| Intangible Assets | $21M |
| Long-Term Investments | $0 |
| Tax Assets | $31M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $64M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $153M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | -$1.3B |
| Deferred Tax Liabilities | $87M |
| Other Non-Current Liabilities | $104M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $1.7B |
| Additional Paid-In Capital | $32M |
| Retained Earnings | -$500M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $96M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $1.3B |
| Net Debt | $1.2B |
