| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $168M | $119M | $148M | 40.4% | 12.9% |
| Op. Income | $28M | -$21M | -$4M | 230.7% | 872.0% |
| Gross Margin | 24.3% | -7.5% | 6.1% | 31.8pp | 18.2pp |
| Net Margin | -10.5% | -60.1% | -28.0% | 49.6pp | 17.4pp |
| EPS (Diluted) | $-0.38 | $-2.31 | $-1.46 | 83.5% | 74.0% |
| Free Cash Flow | $9M | -$28M | -$58M | 130.7% | 114.9% |
| Item | Amount |
|---|---|
| REVENUE | $168M |
| Cost of Revenue | $127M |
| GROSS PROFIT | $41M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $13M |
| Cost & Expenses | $140M |
| OPERATING INCOME | $28M |
| Interest Income | $3M |
| Interest Expense | $48M |
| Other Income/Expenses | -$46M |
| INCOME BEFORE TAX | -$18M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$18M |
| D&A | $45M |
| EBIT | $28M |
| EBITDA | $75M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$18M |
| Depreciation & Amortization | $45M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$14M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $24M |
| Common Stock Repurchased | -$23M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$15M |
| NET CASH FROM FINANCING | $317M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $326M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $594M |
| Short-Term Investments | $0 |
| Net Receivables | $70M |
| Inventory | $8M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $687M |
| PP&E (Net) | $4.0B |
| Goodwill | $12M |
| Intangible Assets | $0 |
| Long-Term Investments | $2M |
| Tax Assets | -$2M |
| Other Non-Current Assets | $87M |
| TOTAL NON-CURRENT ASSETS | $4.1B |
| TOTAL ASSETS | $4.8B |
| Account Payables | $12M |
| Short-Term Debt | $298M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.0K |
| TOTAL CURRENT LIABILITIES | $447M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.5B |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $6M |
| Additional Paid-In Capital | $2.6B |
| Retained Earnings | -$348M |
| Treasury Stock | -$467M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $4.8B |
| Total Debt | $2.9B |
| Net Debt | $2.3B |
