| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $240M | $176M | $105M | 36.3% | 127.8% |
| Op. Income | $31M | -$2M | $3M | 1540.7% | 1005.8% |
| Gross Margin | 18.0% | 3.9% | 10.8% | 14.1pp | 7.2pp |
| Net Margin | 4.8% | -9.9% | -1.8% | 14.7pp | 6.6pp |
| EPS (Diluted) | $0.32 | $-0.52 | $-0.07 | 161.5% | 551.3% |
| Free Cash Flow | -$4M | -$17M | $11M | 75.6% | -136.5% |
| Item | Amount |
|---|---|
| REVENUE | $240M |
| Cost of Revenue | $197M |
| GROSS PROFIT | $43M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $209M |
| OPERATING INCOME | $31M |
| Interest Income | $311.0K |
| Interest Expense | $17M |
| Other Income/Expenses | -$20M |
| 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 | $30M |
| EBIT | $28M |
| EBITDA | $58M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $240M |
| Cost of Revenue | $197M |
| GROSS PROFIT | $43M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $209M |
| OPERATING INCOME | $31M |
| Interest Income | $311.0K |
| Interest Expense | $17M |
| Other Income/Expenses | -$20M |
| 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 | $30M |
| EBIT | $28M |
| EBITDA | $58M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $300.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | -$38M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$746.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $746.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$143M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $149M |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $55M |
| Short-Term Investments | $0 |
| Net Receivables | $132M |
| Inventory | $39M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $226M |
| PP&E (Net) | $1.9B |
| Goodwill | $8M |
| Intangible Assets | $12M |
| Long-Term Investments | $26M |
| Tax Assets | $3M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $11M |
| Short-Term Debt | $106M |
| Deferred Revenue | $19M |
| Other Current Liabilities | $60.0K |
| TOTAL CURRENT LIABILITIES | $198M |
| Long-Term Debt | $629M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $33M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$349M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$606M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $947M |
| Minority Interest | $0 |
| TOTAL EQUITY | $947M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $1.1B |
| Net Debt | $1.1B |
