| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $312M | $279M | $254M | 11.6% | 23.0% |
| Op. Income | $26M | -$7M | -$14M | 465.4% | 290.3% |
| Gross Margin | 10.0% | 5.3% | 5.5% | 4.7pp | 4.5pp |
| Net Margin | -46.4% | -8.0% | -13.5% | -38.4pp | -32.9pp |
| EPS (Diluted) | $-9.87 | $-1.53 | $-2.35 | -545.9% | -320.6% |
| Free Cash Flow | $46M | $2M | -$1M | 2054.3% | 3894.0% |
| Item | Amount |
|---|---|
| REVENUE | $312M |
| Cost of Revenue | $281M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | -$10M |
| Operating Expenses | $5M |
| Cost & Expenses | $286M |
| OPERATING INCOME | $26M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$173M |
| INCOME BEFORE TAX | -$147M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$145M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$145M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$145M |
| D&A | $72M |
| EBIT | -$124M |
| EBITDA | $98M |
| EPS | -$10 |
| EPS Diluted | -$10 |
| Item | Amount |
|---|---|
| Net Income | -$145M |
| Depreciation & Amortization | $72M |
| Stock-Based Compensation | -$1M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $143M |
| Change in Working Capital | $653.3K |
| OPERATING CASH FLOW | $68M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$67M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$466.2K |
| NET CASH FROM FINANCING | -$68M |
| FREE CASH FLOW | $46M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $71M |
| Short-Term Investments | $0 |
| Net Receivables | $228M |
| Inventory | $25M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $382M |
| PP&E (Net) | $2.2B |
| Goodwill | $0 |
| Intangible Assets | $26M |
| Long-Term Investments | $0 |
| Tax Assets | $27M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $95M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $206M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | -$1.2B |
| Deferred Tax Liabilities | $53M |
| Other Non-Current Liabilities | $66M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $1.7B |
| Additional Paid-In Capital | $38M |
| Retained Earnings | -$715M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $118M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $1.2B |
| Net Debt | $1.2B |
