| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $222M | $136M | $168M | 62.9% | 32.3% |
| Op. Income | $59M | -$4M | $28M | 1611.8% | 111.4% |
| Gross Margin | 33.7% | 8.4% | 24.3% | 25.3pp | 9.3pp |
| Net Margin | 5.4% | -33.3% | -10.5% | 38.7pp | 16.0pp |
| EPS (Diluted) | $0.21 | $-0.93 | $-0.38 | 122.6% | 155.3% |
| Free Cash Flow | -$8M | -$50M | $9M | 84.6% | -188.3% |
| Item | Amount |
|---|---|
| REVENUE | $222M |
| Cost of Revenue | $147M |
| GROSS PROFIT | $75M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $163M |
| OPERATING INCOME | $59M |
| Interest Income | $756.0K |
| Interest Expense | $47M |
| Other Income/Expenses | -$47M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $59M |
| EBIT | $59M |
| EBITDA | $118M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $222M |
| Cost of Revenue | $147M |
| GROSS PROFIT | $75M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $163M |
| OPERATING INCOME | $59M |
| Interest Income | $756.0K |
| Interest Expense | $47M |
| Other Income/Expenses | -$47M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $59M |
| EBIT | $59M |
| EBITDA | $118M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $59M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $71M |
| Capital Expenditure | -$78M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$78M |
| Net Debt Issuance | -$29M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$35M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$42M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $202M |
| Short-Term Investments | $0 |
| Net Receivables | $78M |
| Inventory | $9M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $303M |
| PP&E (Net) | $4.7B |
| Goodwill | $12M |
| Intangible Assets | $0 |
| Long-Term Investments | $2M |
| Tax Assets | -$2M |
| Other Non-Current Assets | $143M |
| TOTAL NON-CURRENT ASSETS | $4.9B |
| TOTAL ASSETS | $5.2B |
| Account Payables | $23M |
| Short-Term Debt | $235M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $486M |
| Long-Term Debt | $999M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $646.0K |
| Additional Paid-In Capital | $2.8B |
| Retained Earnings | -$399M |
| Treasury Stock | -$467M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $5.2B |
| Total Debt | $3.1B |
| Net Debt | $2.9B |
