| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $170M | $246M | $182M | -30.9% | -6.6% |
| Op. Income | $17M | $90M | -$5M | -80.9% | 452.5% |
| Gross Margin | 15.9% | 40.5% | 2.1% | -24.6pp | 13.8pp |
| Net Margin | -26.1% | 39.8% | -10.9% | -65.9pp | -15.2pp |
| EPS (Diluted) | $-1.32 | $2.89 | $-0.59 | -145.7% | -123.7% |
| Free Cash Flow | $37M | $164M | -$2M | -77.4% | 1751.9% |
| Item | Amount |
|---|---|
| REVENUE | $170M |
| Cost of Revenue | $143M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $153M |
| OPERATING INCOME | $17M |
| Interest Income | $337.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$59M |
| INCOME BEFORE TAX | -$42M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$44M |
| D&A | $30M |
| EBIT | -$30M |
| EBITDA | $252.0K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$44M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $43M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $43M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $12M |
| NET CASH FROM INVESTING | $6M |
| Net Debt Issuance | -$96M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$96M |
| FREE CASH FLOW | $37M |
| Net Change in Cash | -$47M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $121M |
| Short-Term Investments | $0 |
| Net Receivables | $79M |
| Inventory | $33M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $252M |
| PP&E (Net) | $1.6B |
| Goodwill | $2M |
| Intangible Assets | $2M |
| Long-Term Investments | $29M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $42M |
| Short-Term Debt | $31M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $156M |
| Long-Term Debt | $205M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $30M |
| TOTAL NON-CURRENT LIABILITIES | $604M |
| TOTAL LIABILITIES | $760M |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$147M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $640M |
| Net Debt | $519M |
