| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $311M | $182M | $240M | 70.8% | 29.9% |
| Op. Income | $92M | -$5M | $31M | 1979.9% | 193.6% |
| Gross Margin | 44.4% | 2.1% | 18.0% | 42.2pp | 26.4pp |
| Net Margin | 20.3% | -10.9% | 4.8% | 31.1pp | 15.5pp |
| EPS (Diluted) | $1.86 | $-0.59 | $0.32 | 415.3% | 481.3% |
| Free Cash Flow | $50M | -$2M | -$4M | 2344.7% | 1306.6% |
| Item | Amount |
|---|---|
| REVENUE | $311M |
| Cost of Revenue | $173M |
| GROSS PROFIT | $138M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $37M |
| Operating Expenses | $46M |
| Cost & Expenses | $220M |
| OPERATING INCOME | $92M |
| Interest Income | $147.0K |
| Interest Expense | $16M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $77M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $63M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $63M |
| D&A | $5M |
| EBIT | $97M |
| EBITDA | $102M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $311M |
| Cost of Revenue | $173M |
| GROSS PROFIT | $138M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $37M |
| Operating Expenses | $46M |
| Cost & Expenses | $220M |
| OPERATING INCOME | $92M |
| Interest Income | $147.0K |
| Interest Expense | $16M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $77M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $63M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $63M |
| D&A | $5M |
| EBIT | $97M |
| EBITDA | $102M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $63M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $500.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $99M |
| Change in Working Capital | -$140M |
| OPERATING CASH FLOW | $55M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $20M |
| NET CASH FROM INVESTING | $16M |
| Net Debt Issuance | -$56M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$56M |
| FREE CASH FLOW | $50M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $89M |
| Short-Term Investments | $0 |
| Net Receivables | $203M |
| Inventory | $50M |
| Other Current Assets | $78M |
| TOTAL CURRENT ASSETS | $430M |
| PP&E (Net) | $1.8B |
| Goodwill | $2M |
| Intangible Assets | $3M |
| Long-Term Investments | $28M |
| Tax Assets | $82.0K |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $71M |
| Short-Term Debt | $94M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $288M |
| Long-Term Debt | $516M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $51M |
| TOTAL NON-CURRENT LIABILITIES | $960M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$308M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $990M |
| Minority Interest | $0 |
| TOTAL EQUITY | $990M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $1.0B |
| Net Debt | $955M |
