| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $177M | $346M | $136M | -48.8% | 30.3% |
| Op. Income | $14M | $183M | -$4M | -92.6% | 446.8% |
| Gross Margin | 16.6% | 58.3% | 8.4% | -41.7pp | 8.2pp |
| Net Margin | -11.4% | 41.6% | -33.3% | -53.0pp | 21.9pp |
| EPS (Diluted) | $-0.37 | $2.40 | $-0.93 | -115.4% | 60.2% |
| Free Cash Flow | $78M | $192M | -$50M | -59.4% | 256.6% |
| Item | Amount |
|---|---|
| REVENUE | $177M |
| Cost of Revenue | $148M |
| GROSS PROFIT | $29M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $164M |
| OPERATING INCOME | $14M |
| Interest Income | $208.0K |
| Interest Expense | $35M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$2.0K |
| NET INCOME | -$20M |
| Net Income Deductions | -$2.0K |
| BOTTOM LINE NET INCOME | -$20M |
| D&A | $62M |
| EBIT | $14M |
| EBITDA | $75M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$20M |
| Depreciation & Amortization | $62M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $11M |
| Change in Working Capital | $58M |
| OPERATING CASH FLOW | $111M |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | -$92M |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $697.0K |
| NET CASH FROM FINANCING | -$110M |
| FREE CASH FLOW | $78M |
| Net Change in Cash | -$32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $218M |
| Short-Term Investments | $0 |
| Net Receivables | $60M |
| Inventory | $9M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $299M |
| PP&E (Net) | $4.9B |
| Goodwill | $12M |
| Intangible Assets | $0 |
| Long-Term Investments | $2M |
| Tax Assets | $12M |
| Other Non-Current Assets | $68M |
| TOTAL NON-CURRENT ASSETS | $5.0B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $14M |
| Short-Term Debt | $199M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $434M |
| Long-Term Debt | $982M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $655.0K |
| Additional Paid-In Capital | $2.8B |
| Retained Earnings | -$229M |
| Treasury Stock | -$480M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $3.1B |
| Net Debt | $2.9B |
