| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $358M | $292M | $207M | 22.7% | 72.8% |
| Op. Income | -$90M | -$109M | -$115M | 17.7% | 21.4% |
| Gross Margin | -19.1% | -30.0% | -44.1% | 10.9pp | 25.1pp |
| Net Margin | -23.2% | -35.4% | -54.1% | 12.2pp | 30.9pp |
| EPS (Diluted) | $-0.44 | $-0.55 | $-0.60 | 20.0% | 26.7% |
| Free Cash Flow | -$27M | -$2M | $51M | -985.4% | -153.2% |
| Item | Amount |
|---|---|
| REVENUE | $358M |
| Cost of Revenue | $426M |
| GROSS PROFIT | -$68M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $22M |
| SG&A Expenses | $22M |
| Other Expenses | -$301.0K |
| Operating Expenses | $22M |
| Cost & Expenses | $448M |
| OPERATING INCOME | -$90M |
| Interest Income | $37.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | -$101M |
| Income Tax Expense | -$18M |
| Net Income from Continuing Ops | -$83M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$83M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$83M |
| D&A | $141M |
| EBIT | -$90M |
| EBITDA | $51M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$83M |
| Depreciation & Amortization | $141M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$18M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$37M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$52.0K |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | -$27M |
| Net Change in Cash | -$25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $191M |
| Short-Term Investments | $0 |
| Net Receivables | $263M |
| Inventory | $35M |
| Other Current Assets | $54M |
| TOTAL CURRENT ASSETS | $544M |
| PP&E (Net) | $2.4B |
| Goodwill | $0 |
| Intangible Assets | $21M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $166M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $62M |
| TOTAL CURRENT LIABILITIES | $339M |
| Long-Term Debt | $902M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $23M |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $953M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $3M |
| Additional Paid-In Capital | $2.9B |
| Retained Earnings | $168M |
| Treasury Stock | -$1.4B |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $924M |
| Net Debt | $733M |
