| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $466M | $358M | $221M | 30.3% | 111.3% |
| Op. Income | -$361M | -$90M | -$124M | -300.9% | -190.5% |
| Gross Margin | -69.4% | -19.1% | -46.3% | -50.3pp | -23.1pp |
| Net Margin | -77.6% | -23.2% | -48.2% | -54.4pp | -29.3pp |
| EPS (Diluted) | $-1.68 | $-0.44 | $-0.57 | -281.8% | -194.7% |
| Free Cash Flow | -$32M | -$27M | -$15M | -17.6% | -112.5% |
| Item | Amount |
|---|---|
| REVENUE | $466M |
| Cost of Revenue | $790M |
| GROSS PROFIT | -$324M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $24M |
| SG&A Expenses | $24M |
| Other Expenses | $13M |
| Operating Expenses | $37M |
| Cost & Expenses | $827M |
| OPERATING INCOME | -$361M |
| Interest Income | $26.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | -$372M |
| Income Tax Expense | -$8M |
| Net Income from Continuing Ops | -$364M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $3M |
| NET INCOME | -$362M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$362M |
| D&A | $411M |
| EBIT | -$362M |
| EBITDA | $49M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$362M |
| Depreciation & Amortization | $411M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $44M |
| Capital Expenditure | -$75M |
| Acquisitions (Net) | $248M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$234M |
| NET CASH FROM INVESTING | -$61M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$50M |
| NET CASH FROM FINANCING | -$57M |
| FREE CASH FLOW | -$32M |
| Net Change in Cash | -$74M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $118M |
| Short-Term Investments | $0 |
| Net Receivables | $356M |
| Inventory | $42M |
| Other Current Assets | $68M |
| TOTAL CURRENT ASSETS | $584M |
| PP&E (Net) | $2.4B |
| Goodwill | $0 |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $190M |
| Short-Term Debt | $0 |
| Deferred Revenue | $60M |
| Other Current Liabilities | $68M |
| TOTAL CURRENT LIABILITIES | $436M |
| Long-Term Debt | $852M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $29M |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $913M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $3M |
| Additional Paid-In Capital | $3.2B |
| Retained Earnings | -$198M |
| Treasury Stock | -$1.4B |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $877M |
| Net Debt | $760M |
